Charter Communications (CHTR) reported fourth-quarter 2024 earnings of $10.10 per share, which beat the Zacks Consensus Estimate by 5.9%. The reported figure jumped 43% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $13.93 billion increased 1.6% on a year-over-year basis, driven by growth in residential mobile service and residential Internet revenues. The top line beat the consensus mark by 0.3%.  CHTR’s Segmental DetailsResidential revenues totaled $10.69 ...

For the quarter ended December 2024, Charter Communications (CHTR) reported revenue of $13.93 billion, up 1.6% over the same period last year. EPS came in at $10.10, compared to $7.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.88 billion, representing a surprise of +0.33%. The company delivered an EPS surprise of +5.87%, with the consensus EPS estimate being $9.54.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Charter Communications (CHTR) came out with quarterly earnings of $10.10 per share, beating the Zacks Consensus Estimate of $9.54 per share. This compares to earnings of $7.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.87%. A quarter ago, it was expected that this cable provider would post earnings of $8.55 per share when it actually produced earnings of $8.82, delivering a surprise of 3.16%.Over the last four quarters, ...

Charter Communications Fourth Quarter and Full Year 2024 Results January 31, 2025 Cautionary Statement Regarding Forward-Looking Statements This quarterly presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations as ...

Charter Communications, which offers TV, internet and wireless services under the Spectrum consumer brand, reported fourth-quarter results that exceeded Wall Street expectations. Earnings per share of $10.10 soared above analysts’ consensus outlook of $9.22. Revenue of $13.9 billion edged the forecast for $13.88 billion. The company shed 177,000 internet customers during the period ended Dec. 31, finishing with 30.1 million. Charter also lost 123,000 video subscribers in the quarter, ending 2024 with 12.3 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________ FORM 10-K ______________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number: 001-33664 Charter Communications, Inc. (Exact name of registrant as specified in its charter) | Delaware | ...

Financial Performance - Fourth quarter total revenue increased by 1.6% year-over-year to $13.9 billion, driven by residential mobile service revenue growth of 37.4% and advertising sales revenue growth of 26.4%[12][17] - Fourth quarter Adjusted EBITDA was $5.8 billion, reflecting a year-over-year growth of 3.4%[3][10] - For the year ended December 31, 2024, net income attributable to Charter shareholders totaled $5.1 billion, with fourth quarter net income at $1.5 billion, a 38.6% increase year-over-year[3][10] - Fourth quarter advertising sales revenue of $540 million increased by 26.4% year-over-year, primarily driven by higher political revenue[20] - Consolidated net income for the year ended December 31, 2024, was $5,853 million, up from $5,261 million in 2023[56] - Basic earnings per share for Q4 2024 was $10.32, a 42.9% increase from $7.23 in Q4 2023[51] Customer Metrics - As of December 31, 2024, Charter served 30.1 million Internet customers, a decrease of 177,000 in the fourth quarter, primarily due to the end of the FCC's Affordable Connectivity Program and hurricane impacts[3][6] - Total customer relationships decreased by 215 in Q4 2024, down from a decrease of 149 in Q3 2024 and a decrease of 110 in Q4 2023, resulting in a total of 31,473 customer relationships[59] - Residential customer relationships penetration dropped to 55.4% in Q4 2024 from 56.0% in Q3 2024 and 58.1% in Q4 2023[59] - Total Internet customers decreased by 177 in Q4 2024, compared to a decrease of 110 in Q3 2024 and a decrease of 61 in Q4 2023, totaling 30,080[59] - Total video customers decreased by 123 in Q4 2024, down from a decrease of 294 in Q3 2024 and a decrease of 257 in Q4 2023, resulting in 12,892 total video customers[59] - Total mobile lines increased by 529 in Q4 2024, compared to an increase of 545 in Q3 2024 and an increase of 546 in Q4 2023, totaling 9,883[59] Revenue Streams - Mobile service revenue grew by 37.4% in Q4 2024, reaching $860 million, up from $626 million in Q4 2023[48] - Commercial revenue increased by 1.9% year-over-year to $1.8 billion, driven by enterprise and SMB revenue growth of 4.4% and 0.3% year-over-year, respectively[19] - Other revenue totaled $884 million in the fourth quarter, an increase of 14.6% year-over-year, primarily driven by higher mobile device sales[20] Capital Expenditures - Fourth quarter capital expenditures totaled $3.1 billion, including $4.2 billion for line extensions throughout 2024[3][10] - Capital expenditures totaled $3.1 billion in the fourth quarter of 2024, an increase of $206 million compared to the fourth quarter of 2023[28] - Charter expects full year 2025 capital expenditures to total approximately $12 billion, including line extensions capital expenditures of approximately $4.2 billion[29] - Total capital expenditures for Q4 2024 were $3,062 million, an increase from $2,856 million in Q4 2023, with total capital expenditures for the year reaching $11,269 million compared to $11,115 million in 2023[61] - Total line extensions capital expenditures were $1,057 million in Q4 2024, compared to $978 million in Q4 2023, with total line extensions for the year reaching $4,216 million compared to $4,015 million in 2023[61] Cash Flow and Debt - Full year 2024 free cash flow increased to $4.3 billion from $3.5 billion in the prior year, primarily due to higher Adjusted EBITDA[3][10] - Free cash flow in the fourth quarter of 2024 totaled $984 million, a decrease of $77 million compared to the fourth quarter of 2023[31] - As of December 31, 2024, total principal amount of debt was $93.8 billion, with additional liquidity of approximately $6.3 billion[32] - Long-term debt decreased to $92,134 million from $95,777 million year-over-year[54] Operational Efficiency - Operating costs decreased by 9.1% year-over-year, reflecting fewer video customers and a higher mix of lower-cost packages[21] - Monthly residential revenue per customer was $121.40 in Q4 2024, slightly down from $121.47 in Q3 2024 and up from $119.41 in Q4 2023[59] Brand and Market Strategy - Spectrum launched a new brand platform, "Life Unlimited," in September 2024, focusing on advanced network capabilities and simplified pricing strategies[5] - Charter activated 117,000 subsidized rural passings in the fourth quarter, contributing to a total of 393,000 in 2024, as part of efforts to expand Internet access to underserved communities[8]

Charter Communications (CHTR) is scheduled to report fourth-quarter 2024 results on Jan. 31.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter 2024 revenues is pegged at $13.88 billion, indicating a 1.23% increase from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $9.54 per share, which moved up 0.95% over the past 7 days, suggesting growth of 34.94% on a year-over-year basis.CHTR beat the Zacks Co ...

This earnings season, media companies' results are expected to mirror consumers' growing appetite for over-the-top content consumption. The rise of streaming platforms has led audiences to abandon traditional cable and satellite TV subscriptions in favor of on-demand viewing.The industry faces significant headwinds from declining broadcast television ratings and reduced demand for theatrical content sales. Advertisers' reluctant spending amid inflation and higher interest rate concerns have compounded these ...

Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Entertainment, Hospitality, and Construction. He founded F9 Finance, a website that helps Finance professionals accelerate their careers; and simplifies Fina ...