Charter Communications, Inc. Reports Climb In Q2 Income, Beats estimates

(RTTNews) - Charter Communications, Inc. (CHTR) reported earnings for its second quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $1.47 billion, or $8.80 per share. This compares with $1.02 billion, or $5.29 per share, in last year's second quarter.

Analysts on average had expected the company to earn $6.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.2% to $13.60 billion from $12.80 billion last year.

Charter Communications, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $1.47 Bln. vs. $1.02 Bln. last year. -EPS (Q2): $8.80 vs. $5.29 last year. -Analyst Estimate: $6.89 -Revenue (Q2): $13.60 Bln vs. $12.80 Bln last year.