Brokerages expect Altice USA Inc (NYSE:ATUS) to report earnings per share of ($0.01) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Altice USA’s earnings, with the highest EPS estimate coming in at $0.22 and the lowest estimate coming in at ($0.13). The business is expected to issue its next quarterly earnings results on Thursday, February 1st.
On average, analysts expect that Altice USA will report full-year earnings of ($0.83) per share for the current year, with EPS estimates ranging from ($1.11) to ($0.61). For the next year, analysts expect that the firm will post earnings of $0.06 per share, with EPS estimates ranging from ($0.47) to $0.99. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Altice USA.
Altice USA (NYSE:ATUS) last posted its quarterly earnings data on Thursday, November 2nd. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.07).
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pelham Capital Ltd. raised its holdings in shares of Altice USA by 54.9% during the fourth quarter. Pelham Capital Ltd. now owns 2,555,474 shares of the company’s stock valued at $54,253,000 after purchasing an additional 905,474 shares during the last quarter. Thornburg Investment Management Inc. raised its holdings in shares of Altice USA by 15.5% during the third quarter. Thornburg Investment Management Inc. now owns 2,469,626 shares of the company’s stock valued at $67,445,000 after purchasing an additional 332,260 shares during the last quarter. Vanguard Group Inc. purchased a new position in shares of Altice USA during the second quarter valued at approximately $67,939,000. FMR LLC purchased a new position in shares of Altice USA during the second quarter valued at approximately $57,079,000. Finally, Naya Capital Management UK Ltd. purchased a new position in shares of Altice USA during the second quarter valued at approximately $25,972,000. 13.36% of the stock is owned by hedge funds and other institutional investors.
Altice USA (NYSE:ATUS) opened at $21.47 on Monday. Altice USA has a 52 week low of $17.80 and a 52 week high of $35.29. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 6.82.
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Altice USA Company Profile
Altice USA, Inc is engaged in providing broadband communications and video services in the United States. The Company’s segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area.
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