STAMFORD, Conn. (AP) _ Charter Communications Inc. (CHTR) on Friday reported third-quarter profit of $814 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of $3.90.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.05 per share.
The cable provider posted revenue of $12.04 billion in the period, which matched Street forecasts.
Charter shares have increased 19% since the beginning of the year. The stock has increased 24% 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
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