How have CHTR's residential revenues evolved in 2024?

Charter Communications Inc.'s (CHTR) residential revenues have shown some growth in 2024, but faced challenges such as declines in internet customers and missed revenue targets. 1. **Growth in Residential Revenues**: Charter's residential revenue has seen a significant rise in mobile service, which grew by 37.4% in Q4 2024. This growth is attributed to the introduction of new mobile services and pricing strategies. 2. **Decline in Internet Customers**: However, Charter experienced a decrease in total residential and small and medium business (SMB) Internet customers by 149,000, which may have impacted residential revenue. This decline is attributed to the end of the FCC's Affordable Connectivity Program and the impact of hurricanes. 3. **Revenue Miss**: In Q2 2024, Charter's revenue of $13.7 billion missed estimates by $0.2 billion, indicating a challenge for the company to meet revenue targets. This was also evident in Q1, where revenue grew slightly to $13.68 billion but missed the forecast of $13.74 billion. 4. **Stable EPS**: Despite the challenges, Charter's EPS of $8.58 for Q2 2024 beat estimates, indicating stability in earnings. In conclusion, while Charter has seen growth in residential mobile services, this has been offset by declines in internet customers and missed revenue targets, resulting in a complex evolution of residential revenues in 2024.