Altice USA (ATUS) Projected to Post Earnings on Thursday

Altice USA (NYSE:ATUS) is expected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Altice USA to post earnings of ($0.05) per share and revenue of $2.16 billion for the quarter. Altice USA has set its FY 2025 guidance at EPS.

Altice USA (NYSE:ATUS) last issued its earnings results on Thursday, May 8th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.07). The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.16 billion. The company’s revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.05) EPS. On average, analysts expect Altice USA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Altice USA Price Performance

NYSE ATUS opened at $2.42 on Wednesday. The business’s fifty day moving average price is $2.36 and its 200-day moving average price is $2.52. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -7.12 and a beta of 1.55. Altice USA has a 1-year low of $1.52 and a 1-year high of $3.20.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ATUS shares. Barclays raised their price target on Altice USA from $2.00 to $3.00 and gave the company an “equal weight” rating in a report on Friday, May 9th. The Goldman Sachs Group raised their price target on Altice USA from $2.00 to $2.25 and gave the company a “sell” rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Altice USA presently has an average rating of “Hold” and a consensus target price of $3.05.

Hedge Funds Weigh In On Altice USA

Large investors have recently bought and sold shares of the business. Caxton Associates LLP acquired a new position in shares of Altice USA during the first quarter worth $88,000. Acadian Asset Management LLC increased its position in shares of Altice USA by 441.3% during the first quarter. Acadian Asset Management LLC now owns 133,225 shares of the company’s stock worth $354,000 after purchasing an additional 108,611 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Altice USA by 1.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 644,142 shares of the company’s stock worth $1,713,000 after purchasing an additional 7,470 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Altice USA by 4.7% during the first quarter. AQR Capital Management LLC now owns 806,675 shares of the company’s stock worth $2,146,000 after purchasing an additional 36,260 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Altice USA by 365.8% during the first quarter. Royal Bank of Canada now owns 2,171,000 shares of the company’s stock valued at $5,775,000 after buying an additional 1,704,908 shares during the last quarter. Institutional investors own 54.85% of the company’s stock.

Altice USA Company Profile

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.