We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Charter (CHTR) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
The upcoming report from Charter Communications (CHTR - Free Report) is expected to reveal quarterly earnings of $8.90 per share, indicating an increase of 15.7% compared to the year-ago period. Analysts forecast revenues of $13.72 billion, representing an increase of 0.3% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Charter metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Revenues- Residential- Video' at $3.96 billion. The estimate indicates a year-over-year change of -6.8%.
Analysts expect 'Revenues- Advertising sales' to come in at $427.14 million. The estimate indicates a year-over-year change of -23.5%.
Analysts' assessment points toward 'Revenues- Commercial- Total' reaching $1.79 billion. The estimate suggests a change of +2.2% year over year.
The consensus estimate for 'Revenues- Residential- Mobile service' stands at $615.23 million. The estimate indicates a change of -29.8% from the prior-year quarter.
Analysts predict that the 'Residential - Total Video Customers' will reach 13,527.25 thousand. Compared to the present estimate, the company reported 14,497 thousand in the same quarter last year.
The combined assessment of analysts suggests that 'Total Mobile Lines' will likely reach 7,743.81 thousand. The estimate compares to the year-ago value of 5,292 thousand.
Based on the collective assessment of analysts, 'Small and Medium Business - Customer Relationships' should arrive at 2,230.34 thousand. The estimate compares to the year-ago value of 2,207 thousand.
The consensus among analysts is that 'Residential - Customer Relationships' will reach 30,015.48 thousand. The estimate compares to the year-ago value of 29,988 thousand.
It is projected by analysts that the 'Total Mobile Lines - Net Additions' will reach 570.41 thousand. The estimate compares to the year-ago value of 615 thousand.
The collective assessment of analysts points to an estimated 'Residential - Total Voice Customers' of 6,721.15 thousand. The estimate compares to the year-ago value of 7,697 thousand.
According to the collective judgment of analysts, 'Customer Relationships - SMB - Net Additions' should come in at 6.34 thousand. The estimate compares to the year-ago value of 12 thousand.
Analysts forecast 'Residential - Total Internet Customers' to reach 28,615.03 thousand. Compared to the current estimate, the company reported 28,412 thousand in the same quarter of the previous year.
Over the past month, Charter shares have recorded returns of -2% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #4 (Sell), CHTR will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Charter (CHTR) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
The upcoming report from Charter Communications (CHTR - Free Report) is expected to reveal quarterly earnings of $8.90 per share, indicating an increase of 15.7% compared to the year-ago period. Analysts forecast revenues of $13.72 billion, representing an increase of 0.3% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Charter metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Revenues- Residential- Video' at $3.96 billion. The estimate indicates a year-over-year change of -6.8%.
Analysts expect 'Revenues- Advertising sales' to come in at $427.14 million. The estimate indicates a year-over-year change of -23.5%.
Analysts' assessment points toward 'Revenues- Commercial- Total' reaching $1.79 billion. The estimate suggests a change of +2.2% year over year.
The consensus estimate for 'Revenues- Residential- Mobile service' stands at $615.23 million. The estimate indicates a change of -29.8% from the prior-year quarter.
Analysts predict that the 'Residential - Total Video Customers' will reach 13,527.25 thousand. Compared to the present estimate, the company reported 14,497 thousand in the same quarter last year.
The combined assessment of analysts suggests that 'Total Mobile Lines' will likely reach 7,743.81 thousand. The estimate compares to the year-ago value of 5,292 thousand.
Based on the collective assessment of analysts, 'Small and Medium Business - Customer Relationships' should arrive at 2,230.34 thousand. The estimate compares to the year-ago value of 2,207 thousand.
The consensus among analysts is that 'Residential - Customer Relationships' will reach 30,015.48 thousand. The estimate compares to the year-ago value of 29,988 thousand.
It is projected by analysts that the 'Total Mobile Lines - Net Additions' will reach 570.41 thousand. The estimate compares to the year-ago value of 615 thousand.
The collective assessment of analysts points to an estimated 'Residential - Total Voice Customers' of 6,721.15 thousand. The estimate compares to the year-ago value of 7,697 thousand.
According to the collective judgment of analysts, 'Customer Relationships - SMB - Net Additions' should come in at 6.34 thousand. The estimate compares to the year-ago value of 12 thousand.
Analysts forecast 'Residential - Total Internet Customers' to reach 28,615.03 thousand. Compared to the current estimate, the company reported 28,412 thousand in the same quarter of the previous year.
View all Key Company Metrics for Charter here>>>
Over the past month, Charter shares have recorded returns of -2% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #4 (Sell), CHTR will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>