Charter Communications Inc Class A
CHTR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Qb | LOCK|rJ!m | LOCK|s@mP?w@ |
Charter Earnings: Investors Can Breathe a Sigh of Relief; Shares Attractive
Charter lost 110,000 net broadband customers during the third quarter, comparable with Comcast, a cable peer of similar size that lost 87,000. Revenue increased 1.6% year over year, the strongest pace in six quarters. EBITDA expanded 4%, while lower capital spending lifted free cash flow nearly 50%.
