|Bid||601.07 x 1000|
|Ask||601.24 x 800|
|Day's range||594.68 - 604.12|
|52-week range||345.67 - 604.12|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||57.50|
|Earnings date||23 Oct 2020 - 27 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||624.83|
Charter Communications (NASDAQ: CHTR) surprised investors when it reported 94,000 net video subscriber additions for the second quarter. Charter had lost video subscribers in 15 of the last 16 quarters, the lone standout being a net addition of 15,000 subscribers in Q4 2017. While Charter added subscribers, its peers AT&T (NYSE: T) and Comcast (NASDAQ: CMCSA) lost hundreds of thousands last quarter.
The cable operator continues to rack up high-margin broadband subscribers, and delivered another huge surprise on its Q2 earnings release.
Ladies and gentlemen, thank you for standing by and welcome to Charter's Second Quarter 2020 Investor Call. Any forward-looking statements reflect management's current view only and Charter undertakes no obligation to revise or update such statements or to make additional forward-looking statements in the future.