Altice USA (ATUS) Tops Q1 EPS by 28c

Altice USA (NYSE: ATUS) reported Q1 EPS of $0.58, $0.28 better than the analyst estimate of $0.30. Revenue for the quarter came in at $2.48 billion versus the consensus estimate of $2.48 billion.

Financial Outlook Reiterated

The Company reiterates its financial outlook for FY 2021:

• Revenue: Growth
• Adjusted EBITDA: Growth
• Cash capital expenditures: $1.3 to $1.4 billion
• Year-end leverage target (CSC Holdings, LLC debt silo):
• Share repurchases: $1.5 billion

For earnings history and earnings-related data on Altice USA (ATUS) click here.

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