10:43 AM EDT, 11/01/2024 (MT Newswires) -- (Updates with latest stock movement in the headline and first paragraph.)

Charter Communications ( CHTR ) shares jumped more than 12% in recent Friday trading after the company reported higher Q3 earnings and revenue that also beat expectations.

The company reported Q3 earnings of $8.82 per diluted share, up from $8.25 a year earlier.

Analysts polled by Capital IQ expected $8.49.

Revenue for the quarter ended Sept. 30 was $13.80 billion, compared with $13.58 billion a year earlier.

Analysts polled by Capital IQ expected $13.66 billion.

Price: 369.10, Change: +41.49, Percent Change: +12.66