Earnings Outlook For Altice USA
Portfolio Pulse from Benzinga Insights
Altice USA (NYSE:ATUS) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.05. The company's past performance shows a pattern of share price drops following earnings reports, even when beating estimates. The stock is currently trading at $3.39, down 65.2% over the last 52-week period.
August 04, 2023 | 9:07 am
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Altice USA's upcoming earnings report could potentially impact its stock price. Despite beating EPS estimates in the past, the company's share price has typically dropped following earnings reports.
Altice USA's stock price has historically dropped following earnings reports, even when the company has beaten EPS estimates. Given this pattern and the current analyst estimate of $0.05 EPS, it's likely that the upcoming earnings report could negatively impact the stock price.
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