Did CHTR's Q4 earnings meet long-term expectations?
3/29/2025 02:31pm
**Charter Communications (CHTR) exceeded long-term expectations with its Q4 2024 earnings**, as evidenced by the following points:
1. **Revenue Outperformance**: Charter's total revenue for Q4 2024 was $13.93 billion, surpassing the estimated revenue of $13.88 billion. This indicates a strong performance in generating income, which is a positive signal for long-term expectations.
2. **Earnings Per Share (EPS) Strength**: The company reported an EPS of $10.10 for Q4 2024, which exceeded the analyst estimate of $9.29. This suggests that Charter has outperformed expectations in terms of profitability, which is a key metric for long-term investors.
3. **Net Income Growth**: Charter reported a net income of $1.68 billion for Q4 2024, which, although not directly comparable to EPS, indicates a robust bottom line. The company's net income growth is a positive indicator for long-term sustainability and profitability.
|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|CHTR|CHTR.O|Charter|2024 Q1|1.28E9|185|
|CHTR|CHTR.O|Charter|2024 Q2|1.423E9|185|
|CHTR|CHTR.O|Charter|2024 Q3|1.474E9|185|
|CHTR|CHTR.O|Charter|2024 Q4|1.676E9|185|
4. **Strategic Initiatives**: Charter has been actively managing its business to counterbalance losses in traditional segments, such as broadband and political ad revenues, with growth in mobile services and advertising sales. These strategic moves are crucial for maintaining long-term growth and competitiveness in the market.
5. **Market Analyst Confidence**: UBS analyst John Hodulik maintained a Neutral rating on Charter Communications with a steady price target of $400.00, indicating confidence in the company's performance and potential for growth.
In conclusion, Charter Communications' Q4 2024 earnings demonstrate the company's ability to surpass long-term expectations, driven by strong revenue outperformance, robust EPS, and strategic initiatives that position the company for future growth.