Charter (CHTR) Reports Q2 Earnings: What Key Metrics Have to Say

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Charter performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Internet - Total Net Additions/Losses: -172 thousand versus -129.68 thousand estimated by three analysts on average.
• Video - Total Net Additions/Losses: -21 thousand versus -61.82 thousand estimated by three analysts on average.
• Video - Small Business - Net Additions/Losses: -10 thousand versus -5.15 thousand estimated by three analysts on average.
• Residential - Video - Net Additions/Losses: -11 thousand versus the three-analyst average estimate of -56.67 thousand.
• Revenues- Residential- Total: $10.35 billion versus $10.42 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change.
• Revenues- Commercial- Total: $1.87 billion versus $1.85 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.6% change.
• Revenues- Other: $894 million versus the five-analyst average estimate of $836.81 million. The reported number represents a year-over-year change of +6.6%.
• Revenues- Advertising sales: $416 million compared to the $382.47 million average estimate based on five analysts. The reported number represents a change of +12.1% year over year.
• Revenues- Residential- Voice: $331 million versus the four-analyst average estimate of $313.86 million. The reported number represents a year-over-year change of -4.3%.
• Revenues- Residential- Internet: $5.78 billion versus the four-analyst average estimate of $5.85 billion. The reported number represents a year-over-year change of -3.2%.
• Revenues- Connectivity: $6.87 billion versus the four-analyst average estimate of $6.9 billion.
• Revenues- Residential- Mobile service: $1.1 billion versus the four-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of +18.9%.

View all Key Company Metrics for Charter here>>>

Shares of Charter have returned -2.4% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research