* Altice USA Inc reported a quarterly adjusted loss of 9 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -1 cents to 9 cents per share.
* Revenue fell 3.9% to $2.23 billion from a year ago; analysts expected $2.24 billion.
* Altice USA Inc's reported EPS for the quarter was a loss of 9 cents.
* The company reported a quarterly loss of $42.97 million.
* Altice USA Inc shares had risen by 5.3% this quarter and lost 20.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 18.8% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 6 "sell" or "strong sell."
* The average consensus recommendation for the integrated telecommunications services peer group is also "hold"
Wall Street's median 12-month price target for Altice USA Inc is 2.00 This summary was machine generated from LSEG data November 5 at 07:43 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.04 -0.09 Missed
Jun. 30 2024 0.07 0.03 Missed
Mar. 31 2024 0.00 -0.05 Missed
Dec. 31 2023 0.07 -0.26 Missed
Comments