STAMFORD, Conn. (AP) _ Charter Communications Inc. (CHTR) on Friday reported second-quarter earnings of $1.02 billion.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $5.29.
The results exceeded Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $4.81 per share.
The cable provider posted revenue of $12.8 billion in the period, which also topped Street forecasts. Seventeen analysts surveyed by Zacks expected $12.61 billion.
Charter shares have climbed almost 8% since the beginning of the year. The stock has increased 26% in the last 12 months.
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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