Charter Communications (CHTR) Reports Q3 EPS of $2.11, Miss on Revenues

Charter Communications (NASDAQ: CHTR) reported Q3 EPS of $2.11, versus $1.08 reported last year. Revenue for the quarter came in at $10.89 billion versus the consensus estimate of $10.96 billion.

"We are performing well through a very large integration, including completing all-digital and improving the quality and efficiency of our service operations. We have also significantly improved our products, including delivering faster Internet speeds with Gigabit speeds nationwide, and we have launched new products, like Spectrum Mobile," said Tom Rutledge, Chairman and CEO of Charter Communications. "At the end of 2018, our integration of legacy TWC and Bright House will be largely complete and we will operate as a single company, with a superior product and value proposition. With significantly less customer-facing change in 2019, we expect continued improving service metrics with higher demand and retention, faster growth and falling capital intensity, driving meaningful free cash flow growth."

For earnings history and earnings-related data on Charter Communications (CHTR) click here.

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