Altice USA (ATUS) Misses Q4 EPS by 17c
Altice USA (NYSE: ATUS) reported Q4 EPS of $0.00, $0.17 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $2.47 billion versus the consensus estimate of $2.51 billion.
FY 2020 Outlook:
For the full year 2020, the company expects:
- Revenue growth (ex-mobile) of 2.0% to 2.5%
- Adjusted EBITDA margin (ex-mobile) expansion
- Capital expenditures of $1.3 billion to $1.4 billion
- Year-end Leverage target 4.5x to 5.0x net debt / Adjusted EBITDA (L2QA basis)
- Share repurchases of $1.7 billion
For earnings history and earnings-related data on Altice USA (ATUS) click here.
