Stock Analysis
Altice USA (NYSE:ATUS) First Quarter 2024 Results
Key Financial Results
- Revenue: US$2.25b (down 1.9% from 1Q 2023).
- Net loss: US$21.2m (down by 182% from US$25.9m profit in 1Q 2023).
- US$0.046 loss per share (down from US$0.057 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Altice USA EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Media industry in the US are expected to grow by 3.2%.
Performance of the American Media industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Altice USA (at least 2 which are potentially serious), and understanding these should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Altice USA is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NYSE:ATUS
Altice USA
Provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands.
Undervalued with concerning outlook.