Altice USA (ATUS) Projected to Post Quarterly Earnings on Thursday

Key Points

• Altice USA is expected to release its Q2 2025 earnings on August 7th, with analysts anticipating earnings of ($0.05) per share and revenue of $2.16 billion.
• In the previous earnings report, Altice USA reported a loss of ($0.16) EPS, missing estimates and showing a 4.4% decline in revenue year-over-year.
• Goldman Sachs recently raised their target price for Altice USA from $2.00 to $2.25, while Barclays increased their target from $2.00 to $3.00, indicating varied analyst sentiment towards the stock.

Altice USA (NYSE:ATUS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce 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 - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.07). The firm had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.16 billion. The company's revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($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

Shares of ATUS traded down $0.14 during trading hours on Friday, hitting $2.46. The stock had a trading volume of 5,557,720 shares, compared to its average volume of 5,262,862. The firm has a 50 day simple moving average of $2.36 and a 200-day simple moving average of $2.53. The firm has a market capitalization of $1.15 billion, a P/E ratio of -7.24 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 Analysts Forecast Growth

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

Institutional Investors Weigh In On Altice USA

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Caxton Associates LLP bought a new stake in Altice USA during the first quarter valued at $88,000. Acadian Asset Management LLC boosted its stake in Altice USA by 441.3% during the first quarter. Acadian Asset Management LLC now owns 133,225 shares of the company's stock valued at $354,000 after buying an additional 108,611 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 valued at $1,713,000 after buying an additional 7,470 shares during the period. AQR Capital Management LLC boosted its stake in Altice USA by 4.7% during the first quarter. AQR Capital Management LLC now owns 806,675 shares of the company's stock valued at $2,146,000 after buying an additional 36,260 shares during the period. Finally, Royal Bank of Canada boosted its stake in 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 period. 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.