FX.co ★ Charter Communications, Inc. Profit Climbs In Q3, Beats Estimates

Charter Communications, Inc. (CHTR) has announced its third-quarter earnings, showing an increase from the previous year and surpassing analyst expectations. The company's net profit for the quarter was $1.280 billion, translating to earnings of $8.82 per share. This is a rise from last year's figure of $1.255 billion, or $8.25 per share, for the same period. According to data from Thomson Reuters, analysts had anticipated earnings of $8.62 per share, typically excluding any special items.

In addition, Charter's revenue showed a growth of 1.6%, reaching $13.795 billion, up from $13.584 billion in the previous year.

A summary of Charter Communications, Inc.'s earnings (GAAP) for Q3 is as follows:

- Earnings: $1.280 billion, compared to $1.255 billion last year.

- Earnings Per Share (EPS): $8.82, compared to $8.25 last year.

- Revenue: $13.795 billion, higher than last year’s $13.584 billion.