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Charter Communications (NASDAQ:CHTR) unveils its next round of earnings this Friday, Oct. 26. Get prepared with Benzinga's ultimate preview for Charter Communications Q3 earnings.
Earnings and Revenue
Charter Communications EPS is expected to be around $1.07, according to sell-side analysts. Sales will likely be near $10.96 billion.
In the same quarter last year, Charter Communications reported EPS of 19 cents on revenue of $10.46 billion. If the company were to report inline earnings when it publishes results Friday, earnings would be up 463.16 percent. Revenue would be have grown 4.80 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1 | 0.52 | 0 | |
| EPS Actual | 1.15 | 0.7 | 1.32 | 0.19 |
Stock Performance
Over the last 52-week period, shares of Charter Communications have declined 11.31 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Charter Communications. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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