Altice USA, Inc. (ATUS) Reports Q4 Loss, Lags Revenue Estimates

Core Insights - Altice USA reported a quarterly loss of $0.12 per share, significantly worse than the Zacks Consensus Estimate of $0.03, marking an earnings surprise of -500% [1] - The company's revenues for the quarter ended December 2024 were $2.24 billion, slightly missing the Zacks Consensus Estimate by 0.10% and down from $2.3 billion a year ago [2] - Altice USA has not surpassed consensus EPS estimates over the last four quarters, with only one instance of topping revenue estimates during the same period [2] Financial Performance - The company experienced a loss of $0.26 per share in the same quarter last year, indicating an improvement in loss figures year-over-year [1] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $2.17 billion, and for the current fiscal year, it is -$0.05 on revenues of $8.65 billion [7] Market Position - Altice USA shares have increased by approximately 12.5% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] - The Zacks Industry Rank places the Communication - Components sector in the top 27% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8] Future Outlook - The sustainability of Altice USA's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The estimate revisions trend for Altice USA is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]