uploads///Telecom Charter Q Adjusted Revenue

Charter’s Q1 Revenues: Analysts’ Expectations

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Apr. 9 2019, Published 11:18 a.m. ET

Charter’s revenues

Charter Communications (CHTR) is expected to report total revenues of $11.2 billion in the first quarter—an increase of ~5.1% on a YoY (year-over-year) basis. Analysts expect the company’s sales to rise ~5.0% YoY to $45.8 billion in 2019 and ~5.6% YoY to $48.4 billion in 2020.

In the fourth quarter of 2018, Charter Communications’ revenues rose ~5.9% YoY to $11.2 billion, which was $95 million ahead of Thomson Reuters’ average consensus revenue expectation. The YoY revenue increase was driven by ongoing growth in the company’s residential and commercial segments.

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In the fourth quarter of 2018, Charter Communications’ residential services revenues rose ~3.9% YoY to $8.8 billion, while the commercial services revenues rose ~4.5% YoY to $1.6 billion. The company’s advertising revenues rose ~34.1% YoY to $562 million in the fourth quarter of 2018. Charter Communications reported mobile revenues of $89 million in the fourth quarter of 2018.

Peer comparison

Comcast’s (CMCSA) revenues are expected to rise ~19.9% YoY to $27.3 billion in the first quarter. Dish Network’s (DISH) revenues are expected to fall ~7.8% YoY to $3.2 billion.

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