Charter Communications Shares Fall On Fourth-quarter Earnings Miss

By Caitlin HustonMarketWatch 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.

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