Altice USA Reports Second Quarter 2019 Results

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Go back to Altice USA Reports Second Quarter 2019 Results

Altice-USA (ATUS) PT Raised to $31 at KeyBanc

August 1, 2019 4:10 AM EDT

KeyBanc analyst Brandon Nispel raised the price target on Altice-USA (NYSE: ATUS) to $31.00 (from $25.00) while maintaining a Overweight rating.

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Altice-USA (ATUS) PT Raised to $35 at Nomura/Instinet

August 1, 2019 4:07 AM EDT

Nomura/Instinet analyst Gregory McNiff raised the price target on Altice-USA (NYSE: ATUS) to $35.00 (from $30.00) while maintaining a Buy rating.

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Altice USA (ATUS) Reports In-Line Q2 EPS

July 31, 2019 4:12 PM EDT

Altice USA (NYSE: ATUS) reported Q2 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.45 billion.

Revenue growth +3.7% YoY in Q2 2019 to $2.45 billion, driven by Residential revenue growth of +3.4%, Business services revenue growth of +6.1% and advertising revenue growth of +2.8%.Net income of $86 million in Q2 2019, or $0.13/share (from net loss of $98 million in Q2 2018, or... More