Citi: Charter Has Strong Operating Metrics
According to a research report published this morning by Citi, Charter Communications' (NASDAQ: CHTR) 4Q revenues were in-line with expectations.
In the report, Citi commented, “EBITDA was flat at $686 million, 2% below our estimate but in line with the consensus. Reported diluted EPS of ($0.63) was below our ($0.17) estimate and the ($0.32) consensus.”
Citi maintains its Buy rating and $71 PT on Charter, which is currently trading at $62.60.
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