Charter Communications Q3 revenue down 0.9% as internet customers drop

Charter Communications

31/10/2025 11:10

Corrects Key Details table and headline to show revenue missed estimates; also corrects EPS to $8.34, from $8.50 in Key Details table

Overview

Charter Q3 revenue declined 0.9% yr/yr, missing analyst expectations

Adjusted EBITDA for Q3 fell 1.5% yr/yr, reflecting lower revenue

Company repurchased 7.6 mln shares for $2.2 bln in Q3

Outlook

Charter expects full-year 2025 capital expenditures to be about $11.5 bln

Company aims to complete network evolution initiative by 2027

Charter focuses on free cash flow growth for shareholder value

Result Drivers

INTERNET CUSTOMER DECLINE - Co attributes decrease in Internet customers to competitive pressures and end of FCC's Affordable Connectivity Program

MOBILE LINE GROWTH - Co reports increase in mobile lines due to converged network strategy and competitive mobile offerings

VIDEO CUSTOMER DECLINE MITIGATED - Co cites new pricing and packaging strategies, including streaming apps, as factors mitigating video customer decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Misses
$13.67 bln
$13.74 bln (18 Analysts)
Q3 EPS
$8.34
Q3 Free Cash Flow
$1.60 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 10 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the integrated telecommunications services peer group is "buy."

Wall Street's median 12-month price target for Charter Communications Inc is $355.00, about 35% above its October 30 closing price of $230.92

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn5WVvJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)