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Charter Exceeds Q2 Forecasts, Sees Less Carriage Drama As Pay-TV Operators Get Cut In On Streaming Action

Charter Exceeds Q2 Forecasts, Sees Less Carriage Drama As Pay-TV Operators Get Cut In On Streaming Action

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Charter exceeded Wall Street estimates in the second quarter, reporting earnings of $5.29 a share and revenue of $12.8 billion. Analysts’ consensus expectation was for earnings of $4.79 and revenue of $12.6 billion. Broadband gains were more modest than the boom times of 2020, when high-speed connections became crucial during the onset of the coronavirus…

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