Charter's Q2 results disappointed as subscriber losses and declining free cash flow overshadowed modest mobile growth and management's future promises. Despite a seemingly cheap valuation, I can't justify investing due to high debt, no dividend, and no near-term catalysts for growth. Management's focus on future free cash flow, CapEx normalization, and the Cox deal feels like more promises without immediate impact.
Lightshed's Walter Piecyk joins 'Fast Money' to talk what led to Charter's worst trading day on record and where the stock and telecom space go from here.
Charter Communications' Q2 EPS of $9.18 missed estimates by 8.66%, while revenues rose 0.6% year over year to $13.8B.
25 Jul 2025 Date | | 9.77 Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
24 Apr 2025 Date | | - Cons. EPS | - EPS |
31 Jan 2025 Date | | - Cons. EPS | - EPS |
1 Nov 2024 Date | | - Cons. EPS | - EPS |
25 Jul 2025 Date | | 9.77 Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
24 Apr 2025 Date | | - Cons. EPS | - EPS |
31 Jan 2025 Date | | - Cons. EPS | - EPS |
1 Nov 2024 Date | | - Cons. EPS | - EPS |
Telecommunications Services Industry | Communication Services Sector | Christopher L. Winfrey CEO | XFRA Exchange | US16119P1084 ISIN |
US Country | 94,500 Employees | - Last Dividend | 18 May 2016 Last Split | 9 Nov 1999 IPO Date |
Charter Communications, Inc. is a leading broadband connectivity and cable operator company primarily serving customers throughout the United States. Since its founding in 1993, the company has grown to cater to the needs of approximately 32 million customers across 41 states. Charter Communications, headquartered in Stamford, Connecticut, stands as a pivotal company in the telecommunications industry, offering a wide range of subscription-based and broadband connectivity services aimed at both residential and commercial markets.