Altice USA, Inc. (NYSE:ATUS – Free Report) – Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Altice USA in a research report issued to clients and investors on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the company will post earnings per share of ($0.03) for the quarter, up from their previous estimate of ($0.11). The consensus estimate for Altice USA’s current full-year earnings is ($0.01) per share. Zacks Research also issued estimates for Altice USA’s Q4 2026 earnings at $0.09 EPS and FY2026 earnings at ($0.08) EPS.
Altice USA (NYSE:ATUS – Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.13). The firm had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Altice USA had a negative return on equity of 1.54% and a negative net margin of 1.85%. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the business earned $0.15 earnings per share.
Get Our Latest Stock Report on Altice USA
Altice USA Stock Down 2.4 %
NYSE ATUS opened at $2.43 on Thursday. The stock has a market capitalization of $1.12 billion, a PE ratio of -6.57 and a beta of 1.50. Altice USA has a 12-month low of $1.52 and a 12-month high of $3.18. The company has a 50 day moving average price of $2.53 and a two-hundred day moving average price of $2.23.
Institutional Trading of Altice USA
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. 140 Summer Partners LP bought a new stake in shares of Altice USA in the third quarter valued at about $9,004,000. King Street Capital Management L.P. acquired a new position in Altice USA in the 2nd quarter valued at approximately $5,100,000. LMR Partners LLP lifted its position in shares of Altice USA by 217.5% in the 3rd quarter. LMR Partners LLP now owns 3,000,000 shares of the company’s stock worth $7,380,000 after acquiring an additional 2,055,000 shares during the period. Empyrean Capital Partners LP acquired a new stake in shares of Altice USA during the 2nd quarter worth approximately $4,080,000. Finally, JPMorgan Chase & Co. increased its position in shares of Altice USA by 1,617.7% during the third quarter. JPMorgan Chase & Co. now owns 1,902,834 shares of the company’s stock valued at $4,681,000 after purchasing an additional 1,792,054 shares during the period. 54.85% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Altice USA
In related news, Director Alt S.A.R.L. Next sold 805,227 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $24.50, for a total transaction of $19,728,061.50. Following the transaction, the director now owns 38,860,998 shares of the company’s stock, valued at approximately $952,094,451. The trade was a 2.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 15,299,331 shares of company stock worth $374,833,610 over the last three months. 52.90% of the stock is currently owned by insiders.
About Altice USA
Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.
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