Charter Communications Earnings, Revenue beat In Q2

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Charter Communications Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Charter Communications (NASDAQ: CHTR ) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Charter Communications announced earnings per share of $3.63 on revenue of $11.70B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $11.6B.

Charter Communications shares are up 16.15% from the beginning of the year and are trading at $563.44 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18% from the start of the year.

Charter Communications follows other major Services sector earnings this month

Charter Communications's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.38 on revenue of $81.09B.

Visa A had beat expectations on Tuesday with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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