Leading U.S cable TV operator, Charter Communications Inc. CHTR, primarily offers three services – video, high-speed data and voice over its broadband cable systems to both residential and business customers.Charter Communications has been aggressively targeting the rapidly developing business services division. Notably, last quarter, the company’s commercial revenues totaled $294 million, up 12.3% year over year. We believe increased investments in this space should boost the company’s top line in the to-be-reported quarter.Moreover, rollout of several initiatives and continued execution of its core customer growth strategy should result in accelerated residential and commercial customer increase in the quarter.However, a saturated multi-channel U.S. video market and competition from low-cost online video streaming service providers is likely to weigh on the first-quarter performance.Charter Communications currently carries a Zacks Rank #3 (Hold). The company has suffered a massive negative average earnings surprise of 474.17% in the previous four quarters. We have highlighted some of the key stats from this just-revealed announcement below:Earnings: Charter Communications posted bigger-than-expected loss in the first quarter. Our consensus loss per share estimate was 84 cents while the company reported loss per share of $1.68. Investors should note that these figures take out stock option expenses.Revenue: Charter Communications generated total revenue of $2,530 million, which is slightly below the Zacks Consensus Estimate of $2,533 milion.Key Stats to Note: During the first quarter of 2016, residential high-speed Internet subscribers rose by 141,000 to 5.368 million. Voice subscribers grew 35,000 to 2.633 million. Importantly, video subscribers increased by 10,000 to 4.332 million.Stock Price: At the time of writing, the stock price of Charter Communications was down nearly 0.22% in the pre-market trade on Nasdaq. Clearly the initial reaction to the release is negative. We believe weaker-than-expected results are the primary reasons for this initial negative sentiment. Check back later for our full write up on this Charter Communications earnings report later!Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHARTER COMM-A (CHTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research