Altice USA (ATUS) Tops Q1 EPS by 28c
Altice USA (NYSE: ATUS) reported Q1 EPS of $0.58, $0.28 better than the analyst estimate of $0.30. Revenue for the quarter came in at $2.48 billion versus the consensus estimate of $2.48 billion.
Financial Outlook Reiterated
The Company reiterates its financial outlook for FY 2021:
- Revenue: Growth
- Adjusted EBITDA: Growth
- Cash capital expenditures: $1.3 to $1.4 billion
- Year-end leverage target (CSC Holdings, LLC debt silo):
- Share repurchases: $1.5 billion
For earnings history and earnings-related data on Altice USA (ATUS) click here.
