Charter Communications Reports Earnings Miss and Subscriber Decline, Leading to Stock Drop
Charter Communications (CHTR) stock fell 23.1% following its Q1 report, which showed weaker-than-expected earnings and a decline in internet subscribers. The company reported earnings of $9.17 per share on revenue of $13.59 billion, with a significant shortfall in earnings per share compared to analyst estimates.
Tickers: $CHTR
Topics: Earnings Report Investor Reaction Revenue Decline Stock Price Movement