Charter Communications Shares Fall On Fourth-quarter Earnings Miss

By Markets MarketWatch Pulse

Charter Communications shares fell 2% after the company missed fourth-quarter expectations Thursday. The company reported a net loss of $122 million, or a loss of $1.09 per share, compared to a loss of $48 million, or a loss of 44 cents per share, in the year-earlier period. The FactSet consensus was an adjusted loss per share of 18 cents. The company reported revenue of $2.51 billion, up from $2.36 billion in the year-earlier period, but below the FactSet consensus of $2.52 billion.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below