AP NEWS

Charter: 4Q Earnings Snapshot

January 31, 2019

STAMFORD, Conn. (AP) _ Charter Communications Inc. (CHTR) on Thursday reported fourth-quarter earnings of $296 million.

The Stamford, Connecticut-based company said it had profit of $1.29 per share.

The results did not meet Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The cable provider posted revenue of $11.23 billion in the period, which beat Street forecasts. Twelve analysts surveyed by Zacks expected $11.15 billion.

For the year, the company reported profit of $1.23 billion, or $5.22 per share. Revenue was reported as $43.63 billion.

Charter shares have climbed nearly 2 percent since the beginning of the year. The stock has declined 23 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHTR at https://www.zacks.com/ap/CHTR

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