NASDAQ$CHTR

Charter Communications Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Charter's Q4 2022 earnings were announced, showcasing revenue growth driven by mobile, advertising, and commercial sectors, alongside an increase in customer relationships and mobile lines.

Charter Communications reported a 3.5% year-over-year increase in revenue for Q4 2022, reaching $13.7 billion, driven by strong growth in mobile, advertising sales, and commercial revenues. The company added 105,000 residential and SMB internet customers and 615,000 mobile lines during the quarter. Net income attributable to Charter shareholders totaled $1.2 billion.

  • Total residential and SMB internet customers increased by 105,000 in Q4.
  • Total residential and SMB mobile lines increased by 615,000 in Q4.
  • Q4 revenue grew by 3.5% year-over-year, driven by mobile, advertising, and commercial revenue growth.
  • Net income attributable to Charter shareholders totaled $1.2 billion in Q4.

Headline financials

Total Revenue

$13.7B

Previous: $13.2B+3.5%
EPS (adj)

$7.69

Previous: $8.93-13.9%
Residential Customer Relationships

30.0M

Previous: 29.9M+0.2%
Small Business Customer Relationships

2.2M

Previous: 2.1M+3.0%
Residential Internet Customers

28.4M

Previous: 28.1M+1.0%
Small Business Internet Customers

2.0M

Previous: 2.0M+3.5%
Residential Video Customers

14.5M

Previous: 15.2M-4.7%
Small Business Video Customers

650.0K

Previous: 617.0K+5.3%
Residential Voice Customers

7.7M

Previous: 8.6M-10.7%
Small Business Voice Customers

1.3M

Previous: 1.3M+0.3%
Residential Mobile Lines

5.1M

Previous: 3.4M+48.4%
Monthly Residential Revenue per Customer

$114.20

Previous: $114.14+0.1%
Monthly Small Business Revenue per Customer

$163.44

Previous: $164.59-0.7%
Capital Expenditures

$2.92B

Previous: $2.07B+40.9%
Free Cash Flow

$867M

Previous: $2.29B-62.1%
Net Income

$1.2B

Previous: $1.61B-25.7%
Operating Income

$3.04B

Previous: $2.96B+2.8%
Gross Profit

$5.37B

Previous: $5.28B+1.7%
Cash & Equivalents

$645M

Previous: $601M+7.3%
Total Assets

$145B

Previous: $142B+1.4%
Stock-Based Comp

$110M

Previous: $98M+12.2%

Revenue & EPS history

Charter · Revenue · Quarterly

$13.7B

Q4 2022+3.5%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Charter · $13.7B total across 8 segments · Q4 2022

  • Internet
    $5.64B+3.9%
  • Video
    $4.25B-3.5%
  • Small business
    $1.08B+2.5%
  • Mobile service
    $876M+38.6%
  • Mid-market & large business
    $674M+4.8%
  • Advertising sales
    $558M+24.6%
  • Voice
    $379M-4.3%
  • Other
    $219M+4.8%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+1.3%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.4%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+19.7%

Q2 2024

Best reaction

-20.6%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-34.4%-40.0%
Q4 2025+9.1%+17.1%+22.5%
Q3 2025-3.8%-2.5%-13.3%
Q2 2025-2.2%-0.7%-2.1%
Q1 2025+11.4%+16.9%+21.2%
Q4 2024+2.6%+2.5%+8.0%
Q3 2024+14.7%+24.5%+21.2%
Q2 2024+19.7%+20.5%+10.6%
Q1 2024+0.3%+0.2%+4.8%
Q4 2023-20.6%-25.8%-23.3%
Q3 2023-5.3%-1.3%-1.4%
Q2 2023+1.0%+4.5%+3.9%
Q1 2023+6.9%+4.1%-3.6%
Q4 2022-4.7%-2.9%-8.7%
Q3 2022+3.5%-2.3%+9.8%
Q2 2022-2.1%+3.8%-2.3%
Q1 2022-6.3%-2.8%+10.5%
Q4 2021+5.8%+7.0%+7.2%
Q3 2021-4.9%-1.9%-4.7%
Q2 2021+5.1%+7.9%+13.1%
Q1 2021+1.1%+0.6%+3.7%
Q4 2020-8.5%-6.9%-6.3%
Q3 2020+2.2%+10.2%+11.6%
Q2 2020+4.7%+6.2%+9.3%
Q1 2020+4.1%+1.8%+9.8%
Q4 2019+7.9%+5.9%+0.0%
Q3 2019+7.4%+7.7%+7.7%
Q2 2019-2.9%-5.0%-4.9%
Q1 2019+0.0%+1.8%+2.2%
Q4 2018+17.6%+17.5%+19.5%
Q3 2018-4.4%+1.8%-1.7%
Q2 2018+2.6%+3.3%+5.2%
Q1 2018-9.0%-7.8%-9.4%
Q4 2017+0.4%-2.1%-10.4%
Q3 2017-7.3%-3.1%-4.6%
Q2 2017+6.2%+11.1%+11.5%
Q1 2017-5.7%-2.7%+0.7%
Q4 2016+0.4%-0.0%+0.2%
Q3 2016-1.1%+3.7%+5.4%
Q2 2016+7.3%+9.2%+13.4%
Q1 2016+2.8%
Q4 2015-4.5%
Q3 2015+3.7%
Q2 2015+0.7%
Q1 2015+0.2%
Q4 2014+6.3%
Q3 2014+4.7%
Q2 2014-5.9%
Q1 2014+5.5%
Q4 2013-6.3%
Q3 2013-5.0%
Q2 2013-0.4%
Q1 2013+4.8%
Q4 2012+8.1%
Q3 2012-4.8%
Q2 2012-2.0%
Q1 2012+8.6%
Q4 2011+0.2%
Q3 2011+4.9%
Q2 2011-3.6%
Q1 2010-1.8%
Q1 2011-1.8%
Q4 2010+6.7%
Q3 2010+10.0%
Q2 2010+0.0%

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