Stamford, Connecticut-based Charter Communications, Inc. (CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers. With a market cap of $49.2 billion, Charter Communications operates in 41 states with services available to more than 58 million homes and businesses in markets of all demographics and sizes.
The telecom giant is set to unveil its fourth-quarter results before the market opens on Friday, Jan. 31. Ahead of the event, analysts expect Charter to report a non-GAAP profit of $9.45 per share, up a staggering 33.7% from $7.07 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s bottom-line projections twice over the past four quarters, it has missed the estimates on two other occasions. Its adjusted EPS for the last reported quarter increased 6.9% year-over-year to $8.82, exceeding analysts’ estimates by 3.2%.
