Investing.com - Charter Communications (NASDAQ:CHTR) reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.39 on revenue of $11.35B. Analysts polled by Investing.com forecast EPS of $1.79 on revenue of $11.39B. That compared to EPS of $1.15 on revenue of $10.85B in the same period a year earlier. The company had reported EPS of $1.11 on revenue of $11.21B in the previous quarter.
For the year, Charter Communications shares are up 42.3%, outperforming the Nasdaq which is up 26.61% year to date.
Charter Communications follows other major Services sector earnings this month
On Thursday, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.47B.
Visa A earnings beat analyst's expectations on Wednesday, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar