Altice USA Q3 2023 Gaap EPS $0.15 Beats $0.06 Estimate, Sales $2.32B Beat $2.29B Estimate
Portfolio Pulse from saritha@benzinga.com
Altice USA reported Q3 2023 earnings of $0.15 per share, beating the analyst consensus estimate of $0.06 by 150%. However, this is a 21.05% decrease from the same period last year. The company also reported quarterly sales of $2.32 billion, beating the estimate of $2.29 billion by 1.18%, but this is a 3.22% decrease from the same period last year.
November 01, 2023 | 8:13 pm
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NEUTRAL IMPACT
Altice USA's Q3 2023 earnings and sales beat estimates but show a decrease from the same period last year.
While Altice USA beat analyst estimates for Q3 2023, both earnings per share and sales have decreased compared to the same period last year. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100