Altice USA (ATUS) Misses Q1 EPS by 5c

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Go back to Altice USA (ATUS) Misses Q1 EPS by 5c

JPMorgan Reiterates Overweight on Altice USA (ATUS) Following Mixed 1Q

May 10, 2018 7:49 AM EDT

JPMorgan reiterated an Overweight rating and $32.00 price target on Altice-USA (NYSE: ATUS) following the company's 1Q. Revenue of $2.33b was below consensus of $2.34b, while EBITDA of $981 was below consensus of $994m.

Management reiterated its confidence in a mid-June spin from the... More