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 EST

Wells 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 EST

Charter 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 EST

Charter 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.

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Charter Communications (CHTR) call put ratio 2.5 calls to 1 put into quarter results

February 1, 2024 10:33 AM EST

Charter 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.

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Charter Communications (CHTR) February weekly 370 straddle into quarter results

February 1, 2024 4:17 AM EST

Charter 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.

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