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Charter Communications, Inc. (CHTR) announced a profit for its third quarter that advanced from last year.


RTTNews | Oct 30, 2020 07:16AM EDT

07:16 Friday, October 30, 2020 (RTTNews.com) - Charter Communications, Inc. (CHTR) announced a profit for its third quarter that advanced from last year.

The company's profit totaled $814 million, or $3.90 per share. This compares with $387 million, or $1.74 per share, in last year's third quarter.

Analysts had expected the company to earn $3.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.2% to $12.04 billion from $11.45 billion last year.

Charter Communications, Inc. earnings at a glance:

-Earnings (Q3): $814 Mln. vs. $387 Mln. last year.-EPS (Q3): $3.90 vs. $1.74 last year.-Analysts Estimate: $3.03-Revenue (Q3): $12.04 Bln vs. $11.45 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3141424/charter-communications-inc-bottom-line-climbs-in-q3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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