Charter Communications (CHTR) is currently rated as a Zacks Rank #5 (Strong Sell) after missing the Zacks Consensus Estimate for its most recent earnings report. In the last quarter, the company reported an EPS of $8.34 compared to the consensus estimate of $9.32. This follows a pattern where Charter has only beaten earnings expectations in one out of the last four quarters.
Over the past 60 days, earnings estimates for the next fiscal year have seen a slight decrease from $43.16 to $43.00, contributing to its unfavorable ranking. The current fiscal year’s consensus has improved marginally from $36.73 to $36.75. This trend of declining earnings estimates is central to its low Zacks Rank, aligning it with many other companies facing negative revisions in the Zacks universe.
