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.

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