Charter’s third-quarter earnings
Charter Communications (CHTR) is scheduled to report its third-quarter results on October 26. In this part, we’ll discuss analysts’ expectations for Charter’s performance during the quarter. Wall Street analysts expect Charter’s EPS to reach $1.08 in the third quarter—compared to its EPS of $0.19 in the third quarter of 2017.
In the second quarter, Charter’s EPS rose ~121.2% YoY (year-over-year) to $1.15. The company’s earnings beat Wall Street analysts’ consensus estimate by ~15.0% in the second quarter. The company’s net income grew significantly and reached $273 million in the second quarter—compared to $139 million in the second quarter of 2017.
Next, we’ll discuss how much total revenue growth investors can expect from Charter in the third quarter.