Altice USA, Inc. (NYSE:ATUS – Free Report) – Zacks Research cut their Q1 2026 EPS estimates for Altice USA in a research report issued on Monday, April 29th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Altice USA’s current full-year earnings is $0.24 per share. Zacks Research also issued estimates for Altice USA’s FY2026 earnings at $0.13 EPS.
Altice USA (NYSE:ATUS – Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.33). The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.29 billion. Altice USA had a net margin of 0.58% and a negative return on equity of 12.81%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.43) EPS.
Read Our Latest Report on Altice USA
Altice USA Stock Up 5.7 %
Altice USA stock opened at $2.04 on Tuesday. The stock has a market capitalization of $930.48 million, a PE ratio of 17.00 and a beta of 1.35. Altice USA has a twelve month low of $1.75 and a twelve month high of $3.82. The company has a 50 day moving average of $2.42 and a 200-day moving average of $2.47.
Hedge Funds Weigh In On Altice USA
Several large investors have recently modified their holdings of ATUS. Montag A & Associates Inc. bought a new position in shares of Altice USA in the fourth quarter valued at about $32,000. Sherbrooke Park Advisers LLC bought a new position in shares of Altice USA in the third quarter valued at about $37,000. Quadrature Capital Ltd bought a new position in shares of Altice USA in the fourth quarter valued at about $47,000. Aigen Investment Management LP bought a new position in shares of Altice USA in the third quarter valued at about $72,000. Finally, Jump Financial LLC bought a new position in shares of Altice USA in the fourth quarter valued at about $84,000. 54.85% of the stock is owned by institutional investors.
About Altice USA
Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.
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