Altice USA: Q4 Earnings Insights

Altice USA (NYSE:ATUS) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:05 PM. Here’s what…

Altice USA (NYSE:ATUS) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Altice USA missed estimated earnings by 471.43%, reporting an EPS of $-0.26 versus an estimate of $0.07.

Revenue was down $68.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 6.59% increase in the share price the next day.

Here’s a look at Altice USA’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.06 0.05 0.04 0.21
EPS Actual 0.15 0.17 0.06 -0.43
Revenue Estimate 2.29B 2.33B 2.32B 2.40B
Revenue Actual 2.32B 2.32B 2.29B 2.37B

To track all earnings releases for Altice USA visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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