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Charter Communications misses profit consensus











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(Boursier.com) — Charter Communications saw its number of residential internet customers increase during the third quarter of 2022, but the American cable giant fell short of earnings expectations. The company posted third-quarter net income of $1.19 billion, or $7.38 per share, compared with $1.22 billion, or $6.69 per share, a year earlier. Analysts tracked by FactSet were expecting $8.2 in earnings per share. Charter also posted adjusted earnings before interest, tax, depreciation and amortization of $5.4 billion, up 2.4% year-on-year.


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