Charter Communications, Inc.
) is scheduled to report fourth-quarter 2013 financial results
before the opening bell on Feb 21, 2014.
In the last quarter, the company delivered a negative 423.81%
earnings surprise. Let's see how things are shaping up for the
company prior to the announcement.
Factors to be Considered this Quarter
Charter Communications is striving to acquire Time Warner
Cable Inc. In the previous month, the company offered $132.50 per
share of Time Warner Cable, including $83 in cash and $49.50 in
However, the board of directors of Time Warner Cable
unanimously rejected the offer from Charter on grounds of
inadequacy. This is the third rejection in the last one
year. Meanwhile, Comcast provided a more attractive bid of
$159 per share of Time Warner Cable. Charter Communications is
not expected to raise its bid further for Time Warner Cable.
However, Charter Communications may opt for any small cable TV
Our proven model does not conclusively show that Charter
Communications is likely to beat the Zacks Consensus Estimate
this quarter. This is because a stock needs to have both a
and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to
happen. Unfortunately, this is not the case here as elaborated
Zero Zacks ESP:
This is because both the Most Accurate estimate and the Zacks
Consensus Estimate are poised at 21 cents. This leads to an ESP
of 0.00% for Charter Communications.
Zacks Rank #5 (Strong Sell):
Charter Communications' Zacks Rank #5 decreases the predictive
power of ESP.
We caution investors against the stock going into the earnings
announcement, as a Zacks earnings ESP of 0.00% combined with a
Zacks Rank #5 lowers the possibility of an earnings surprise.
Other Stocks to Consider
Here are some companies to consider as our model shows these
have the right combination of elements to post an earnings beat
Cablevision Systems Corporation
) with earnings ESP of +33.33% and Zacks Rank #3 (Hold).
) with earnings ESP of +25.0% and Zacks Rank #3.
T-Mobile US, Inc.
) with earnings ESP of +57.14% and Zacks Rank #3.
CHARTER COMM-A (CHTR): Free Stock Analysis
CABLEVISION SYS (CVC): Free Stock Analysis
TIVO INC (TIVO): Free Stock Analysis Report
T-MOBILE US INC (TMUS): Free Stock Analysis
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