STAMFORD, Conn. (AP) _ Charter Communications Inc. (CHTR) on Friday reported second-quarter net income of $766 million.
The Stamford, Connecticut-based company said it had profit of $3.63 per share.
The results topped Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The cable provider posted revenue of $11.7 billion in the period, also surpassing Street forecasts. Thirteen analysts surveyed by Zacks expected $11.61 billion.
Charter shares have climbed 16% since the beginning of the year. The stock has increased 43% 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
Automated Insights, source Associated Press News