STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Charter Communications Inc. (CHTR) on Friday reported fourth-quarter net income of $1.33 billion.
The Stamford, Connecticut-based company said it had net income of $10.34 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $10.40 per share.
The cable provider posted revenue of $13.6 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $13.74 billion.
For the year, the company reported profit of $4.99 billion, or $36.21 per share. Revenue was reported as $54.77 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHTR at https://www.zacks.com/ap/CHTR
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