financetom
Business
financetom
/
Business
/
Charter Communications' Q1 Results Likely to Show Improvement in Broadband Subscriber Losses, UBS Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Charter Communications' Q1 Results Likely to Show Improvement in Broadband Subscriber Losses, UBS Says
Mar 26, 2025 12:49 PM

03:18 PM EDT, 03/26/2025 (MT Newswires) -- Charter Communications' ( CHTR ) Q1 results are likely to reflect an improvement in broadband subscriber losses and a slight rise in EBITDA growth, UBS said in a note emailed Wednesday.

The investment firm said it now expects residential broadband subscriptions to decrease by 36,000 during the quarter, compared with a prior forecast for 54,000 subscriber losses.

For the year, UBS said it expects broadband losses to narrow to 113,000 from 510,000 in 2024 on the back of new promotions that continue to ramp.

Regarding EBITDA, UBS analysts said they now expect a 1% year over year growth in Q1 with flat revenue, compared with a prior forecast for 0.3% EBITDA growth and a 0.4% drop in revenue. For the full-year, UBS also said it expects EBITDA growth of 1% with flat revenue.

The firm expects Charter to post $486 million in free cash flow in Q1, compared to a prior estimate of $644 million due to higher taxes and seasonal headwinds.

Charter is due to report Q1 results before the opening bell on April 25.

UBS has a neutral rating on the stock with a $400 price target.

CHTR shares were up 2.5% in recent trading.

Price: 384.24, Change: +9.23, Percent Change: +2.46

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple Agrees to Let Other Wallets Onto iPhones in Europe
Apple Agrees to Let Other Wallets Onto iPhones in Europe
Jul 11, 2024
06:49 AM EDT, 07/11/2024 (MT Newswires) -- The European Commission said Thursday it has secured a commitment from Apple ( AAPL ) to open its iPhones to rivals' tap-and-go contactless payment systems among users in the European Economic Area. Apple ( AAPL ) has committed to allow rivals to access the 'tap and go' technology of iPhones, said Margrethe Vestager,...
PepsiCo Fiscal Q2 Core Earnings, Revenue Advance; Reiterates Fiscal 2024 Core Earnings Guidance
PepsiCo Fiscal Q2 Core Earnings, Revenue Advance; Reiterates Fiscal 2024 Core Earnings Guidance
Jul 11, 2024
06:50 AM EDT, 07/11/2024 (MT Newswires) -- PepsiCo ( PEP ) reported fiscal Q2 core earnings Thursday of $2.28 per diluted share, up from $2.09 a year earlier. Analysts polled by Capital IQ expected $2.16 per share. Revenue for the quarter ended June 15 was $22.50 billion, up from $22.32 billion a year earlier. Analysts surveyed by Capital IQ expected...
German railways shuts main line for five months for revamp
German railways shuts main line for five months for revamp
Jul 11, 2024
BERLIN, July 11 (Reuters) - Germany's state railways will on Monday close for five months a main line connecting the financial centre of Frankfurt with the south to carry out a 1.3 billion euro ($1.4 billion) upgrade to creaking infrastructure. WHY IT'S IMPORTANT Tracks between Frankfurt and Mannheim are congested, and delays can have a major impact elsewhere in Germany's...
EV Maker Volcon's Stock Skyrockets Over 70% In Pre-Market Following UBS Group's Buy-Sell Transactions
EV Maker Volcon's Stock Skyrockets Over 70% In Pre-Market Following UBS Group's Buy-Sell Transactions
Jul 11, 2024
Shares of electric vehicle manufacturer Volcon, Inc. ( VLCN ) soared over 70% in response to a series of buy-sell transactions by UBS Group AG ( UBS ) . What Happened: As per a recent SEC filing, UBS Group ( UBS ), a significant shareholder in Volcon ( VLCN ), engaged in buying and selling shares of the company, triggering...
Copyright 2023-2026 - www.financetom.com All Rights Reserved