Charter Communications (NASDAQ:CHTR) Issues Quarterly Earnings Results, Beats Estimates By $0.68 EPS

Charter Communications (NASDAQ:CHTR) announced its quarterly earnings data on Friday. The company reported $10.66 EPS for the quarter, topping analysts’ consensus estimates of $9.98 by $0.68, FiscalAI reports. Charter Communications had a return on equity of 24.20% and a net margin of 9.03%.The firm had revenue of $13.53 billion during the quarter, compared to analyst estimates of $13.51 billion. During the same period last year, the company earned $9.18 earnings per share. The company’s revenue was down 1.7% on a year-over-year basis.

Here are the key takeaways from Charter Communications’ conference call:

• Charter added 406,000 Spectrum Mobile lines in the quarter, and management said mobile remains the fastest-growing product in its footprint with significant room to increase penetration and reduce broadband churn.
• Internet customer losses remained elevated, with Charter losing 172,000 broadband customers as competitive pressure from fixed wireless, fiber overlap, and other promotions continued to weigh on gross additions.
• Management reiterated that free cash flow should ramp significantly as capital expenditures roll down over time, with standalone 2026 capex expected around $11.4 billion and a longer-term run rate below $8 billion.
• Charter expects the pending Cox transaction to close in mid-to-late August and sees substantial integration upside, including at least $800 million of annual transaction synergies and a faster rollout of Spectrum pricing, packaging, and service processes in Cox markets.
• The company lowered its post-transaction leverage target to 3.5x and launched a capped exchange offer to accelerate deleveraging, while pausing share repurchases until the fourth quarter.

Charter Communications Stock Down 2.5%

Shares of NASDAQ CHTR opened at $123.31 on Friday. Charter Communications has a 52-week low of $111.55 and a 52-week high of $335.52. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.40 and a current ratio of 0.40. The stock has a market cap of $15.17 billion, a P/E ratio of 3.20, a P/E/G ratio of 0.23 and a beta of 0.71. The firm has a 50 day moving average price of $136.02 and a 200 day moving average price of $184.01.

Trending Headlines about Charter Communications

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Charter beat second-quarter earnings expectations, reporting $10.66 per share versus estimates around $9.98, and revenue of $13.53 billion came in slightly ahead of forecasts. Charter Announces Second Quarter 2026 Results
• Positive Sentiment: Mobile line growth remained a bright spot, with the company adding more than 400,000 new mobile lines, showing that its wireless expansion is still gaining traction. MarketWatch article on internet erosion
• Neutral Sentiment: Charter also announced debt exchange offers, which could help manage its capital structure, but the move is not a clear near-term catalyst for the stock. Charter Announces Debt Exchange Offers
• Negative Sentiment: Broadband subscriber losses were steeper than expected, reinforcing concerns that Charter is losing share to fiber and fixed-wireless competitors and weakening the outlook for its core internet business. Reuters broadband customer losses article
• Negative Sentiment: Multiple reports say Charter’s shares fell sharply to fresh lows as investors worried about ongoing internet and video customer losses, declining revenue, and a worsening competitive environment. MarketWatch article on Charter stock sharply lower

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CHTR shares. UBS Group reaffirmed a “neutral” rating and issued a $235.00 target price on shares of Charter Communications in a research note on Thursday, June 25th. BNP Paribas Exane cut their price objective on shares of Charter Communications from $150.00 to $120.00 and set an “underperform” rating on the stock in a report on Tuesday, July 14th. Wells Fargo & Company reduced their price objective on shares of Charter Communications from $170.00 to $160.00 and set an “underweight” rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada lowered their target price on shares of Charter Communications from $220.00 to $160.00 and set a “sector perform” rating for the company in a report on Monday, July 20th. Finally, Freedom Capital upgraded shares of Charter Communications to a “hold” rating in a research report on Friday, June 12th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $249.12.

Insider Buying and Selling

In other news, Director Wade Davis purchased 5,728 shares of Charter Communications stock in a transaction dated Tuesday, April 28th. The shares were bought at an average cost of $173.72 per share, with a total value of $995,068.16. Following the completion of the transaction, the director directly owned 6,925 shares in the company, valued at $1,203,011. This trade represents a 478.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mauricio Ramos bought 9,929 shares of Charter Communications stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $140.93 per share, for a total transaction of $1,399,293.97. Following the completion of the acquisition, the director owned 19,309 shares of the company’s stock, valued at approximately $2,721,217.37. This represents a 105.85% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 20,125 shares of company stock valued at $3,167,116. 1.10% of the stock is owned by company insiders.

Institutional Trading of Charter Communications

A number of institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in shares of Charter Communications by 141.0% in the first quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock worth $35,000 after purchasing an additional 55 shares in the last quarter. Quarry LP grew its holdings in shares of Charter Communications by 153.2% in the 4th quarter. Quarry LP now owns 119 shares of the company’s stock valued at $25,000 after acquiring an additional 72 shares in the last quarter. Altshuler Shaham Ltd bought a new position in shares of Charter Communications in the 4th quarter valued at about $25,000. DV Equities LLC acquired a new stake in shares of Charter Communications in the fourth quarter valued at about $25,000. Finally, Rakuten Securities Inc. increased its position in shares of Charter Communications by 535.0% in the second quarter. Rakuten Securities Inc. now owns 127 shares of the company’s stock valued at $52,000 after acquiring an additional 107 shares during the last quarter. 81.76% of the stock is currently owned by institutional investors.

Charter Communications Company Profile

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.