Altice USA (NYSE:ATUS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Altice USA beat estimated earnings by 50.0%, reporting an EPS of $0.06 versus an estimate of $0.04.
Revenue was down $128.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.64 which was followed by a 3.69% drop in the share price the next day.
Here’s a look at Altice USA’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.35 | 0.32 | 0.32 |
| EPS Actual | -0.43 | 0.19 | 0.23 | 0.43 |
| Revenue Estimate | 2.40B | 2.45B | 2.44B | 2.44B |
| Revenue Actual | 2.37B | 2.39B | 2.46B | 2.42B |
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.
