Charter Communications Beats Q3 Estimates On Strong Mobile Growth, Expanding Margins

Charter Communications Inc (NASDAQ:CHTR) reported fiscal third-quarter 2024 revenue growth of 1.6% year-on-year to $13.8 billion, beating the analyst consensus estimate of $13.7 billion.

EPS of $8.82 beat the analyst consensus estimate of $8.67. The stock price gained after the results.

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Revenue growth of 1.7% in Internet, 37.6% in Mobile service, and 2.0% in Commercial aided the top line.

Charter lost 110,000 residential Internet customers, ...