Charter Communications (Nasdaq: CHTR) is expected to report Q1 earnings on May 7. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Charter Communications's revenues will expand 4.0% and EPS will remain in the red.

The average estimate for revenue is $1.90 billion. On the bottom line, the average EPS estimate is -$0.45.

Revenue details
 Last quarter, Charter Communications booked revenue of $1.91 billion. GAAP reported sales were 4.3% higher than the prior-year quarter's $1.83 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at -$0.59. GAAP EPS were -$0.40 for Q4 compared to -$0.64 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 56.1%, 50 basis points worse than the prior-year quarter. Operating margin was 11.4%, 300 basis points worse than the prior-year quarter. Net margin was -2.1%, 160 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.88 billion. The average EPS estimate is -$0.81.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Charter Communications is outperform, with an average price target of $82.44.

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