Charter Communications Misses Q3 Revenue Estimates, Shares Dip

Cable operator Charter Communications exceeded Wall Street estimates for third-quarter earnings but fell short of revenue targets, sending shares down in early trading. The company reported revenue of $10.9 billion, which climbed 4.2% from the year-ago quarter but came up short of the consensus for $10.96 billion. Earnings hit $2.11 a share, doubling Wall Street forecasts. With 16.1 million residential video customers, Charter is the No. 2 cable operator. It vaulted to…

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