Altice USA, Inc. (ATUS) Q2 Earnings and Revenues Lag Estimates

分组1 - Altice USA reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of$0.08 per share, and down from $0.17 per share a year ago, representing an earnings surprise of -62.50$2.24 billion for the quarter, missing the Zacks Consensus Estimate by 0.47%, and down from $2.32 billion year-over-year [1] - Over the last four quarters, Altice USA has surpassed consensus EPS estimates only once, while it has topped consensus revenue estimates three times [1] 分组2 - Altice USA shares have declined approximately 35.7% since the beginning of the year, contrasting with the S&P 500's gain of 15.8% [2] - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of$2.24 billion, and for the current fiscal year, it is $0.17 on revenues of$9 billion [4] - The Zacks Industry Rank for Communication - Components is in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]