Altice USA Inc reports results for the quarter ended December 31 - Earnings Summary

• Altice USA Inc ATUS.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of twelve analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from zero cents to 6 cents per share.

• Revenue fell 2.9% to $2.24 billion from a year ago; analysts expected $2.24 billion.

• Altice USA Inc shares had risen by 12.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.1% 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 4 "strong buy" or "buy," 9 "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 February 13 at 02:31 p.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)