JPMorgan Downgrades Charter Communications (CHTR) to Neutral, 'Weaker Core Broadband and Slowing EBITDA'
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Wells Fargo Downgrades Charter Communications (CHTR) to Equal Weight, 'Risks Exceed Rewards'
February 2, 2024 5:21 PM ESTWells Fargo analyst Steven Cahall downgraded Charter Communications (NASDAQ: CHTR) from Overweight to Equal Weight with a price target of $340.00 (from $460.00).
The analyst commented: "We downgrade CHTR from Overweight to Equal Weight as competition and ACP risks cloud + reduce our forecasts. The... More
Charter Communications (CHTR) slides as internet customers decrease by 61,000 in Q4
February 2, 2024 10:34 AM ESTCharter Communications (NASDAQ: CHTR) shares plunged more than 13% Friday after its quarterly earnings report missed the top and bottom line analyst consensus estimate.
The company reported fourth-quarter earnings of $7.07, $1.65 worse than the analyst estimate of $8.72, while revenue for the quarter came in at $13.7... More
Charter Communications posts surprise broadband subscriber loss, profit miss
February 2, 2024 9:00 AM EST(Reuters) -Charter Communications missed quarterly profit estimates and posted a surprise drop in broadband subscribers on Friday, as it grappled with promotional offerings from rivals in a highly saturated market.
The broadband and cable TV operator's shares tumbled more than 11%.
Stiff competition across broadband and wireless mobile and the decline of traditional television have been causes of concern, with Charter... More
Midday movers: Meta Platforms and Amazon surge
February 2, 2024 8:14 AM EST(Updated - February 2, 2024 11:29 AM EST)
Investing.com -- Main U.S. indexes were mixed Friday as investors balanced earnings from mega-cap tech companies, including strong reports from Amazon and Meta, against positive employment data and reduced chances the Fed will begin cutting rates in March or May. The Nasdaq and S&P 500 moved higher but the Dow declined.
Here are some of the biggest U.S. stock movers today:
Meta Platforms (NASDAQ: META) stock soared 20% after the Facebook owner posted a tripling of profit from... More
Charter Communications (CHTR) Misses Q4 EPS by $1.65
February 2, 2024 7:02 AM ESTCharter Communications (NASDAQ: CHTR) reported Q4 EPS of $7.07, $1.65 worse than the analyst estimate of $8.72. Revenue for the quarter came in at $13.7 billion versus the consensus estimate of $13.71 billion.
For earnings history and earnings-related data on Charter Communications (CHTR) click here.
... MoreCharter Communications (CHTR) call put ratio 2.5 calls to 1 put into quarter results
February 1, 2024 10:33 AM ESTCharter Communications (NASDAQ: CHTR) February weekly call option implied volatility is at 133, February is at 56; compared to its 52-week range of 24 to 43 into the expected release of quarter results before the bell on February 2.
... MoreCharter Communications (CHTR) February weekly 370 straddle into quarter results
February 1, 2024 4:17 AM ESTCharter Communications (NASDAQ: CHTR) February weekly 370 straddle priced for a move of 6.5% into the expected release of quarter results before the bell on February 2.
... More
