Citi: Charter Has Strong Operating Metrics

According to a research report published this morning by Citi, Charter Communications'

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.