Charter Communications Stock Earnings Report NASDAQ:CHTR
Current P/E ratio: 35.66 | Price (June 11, 2021, EOD): $686.74 (Find current average P/E ratios for all sectors below)
CHTR Upcoming EarningsCurrently no data available.
CHTR Analysts Price TargetsCurrently no data available.
About Charter Communications
Charter Communications, Inc., through its subsidiaries, provides cable services in the United States. The company offers various entertainment, information, and communications solutions to residential and commercial customers. Its video service offerings include a package of basic video programming, video on demand, subscription on demand, pay-per-view, high definition television, digital video recorder, Spectrum TV app on mobile devices, Spectrum TV app on immobile devices, and Spectrum guide services. The company also provides Internet services, such as residential Internet services; Charter.net, an Internet portal that provides multiple e-mail addresses; and Charter Security Suite that protects computers from viruses and spyware, as well as offers parental control features. In addition, it offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. Further, the company sells local advertising on digital advertising networks and satellite-delivered networks. As of December 31, 2015, it served approximately 6.7 million residential, and small and medium business customers; approximately 4.3 million residential video customers; approximately 5.2 million residential Internet customers; approximately 2.6 million residential voice service customers; and approximately 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. Charter Communications, Inc. was founded in 1999 and is headquartered in Stamford, Connecticut.
Last 3 Quarters for CHTR Premium
Below you can see how CHTR performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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