Altice (ATUS) Reports Q3: Everything You Need To Know Ahead Of Earnings

Telecommunications and cable services provider Altice USA (NYSE:ATUS) will be announcing earnings results this Thursday before market open. Here’s what to expect.

Altice met analysts’ revenue expectations last quarter, reporting revenues of $2.15 billion, down 4.2% year on year. It was a softer quarter for the company, with a significant miss of analysts’ adjusted operating income estimates and a significant miss of analysts’ EPS estimates. It reported 3.93 million broadband subscribers, down 3.9% year on year.

Is Altice a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Altice’s revenue to decline 4.1% year on year to $2.14 billion, in line with the 3.9% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.13 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Altice has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Altice’s peers in the wireless, cable and satellite segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Sirius XM posted flat year-on-year revenue, beating analysts’ expectations by 0.8%, and Comcast reported a revenue decline of 2.7%, topping estimates by 1.6%. Sirius XM traded up 3.1% following the results while Comcast was down 2.4%.

Read our full analysis of Sirius XM’s results here and Comcast’s results here.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the wireless, cable and satellite stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7% on average over the last month. Altice is down 18.1% during the same time and is heading into earnings with an average analyst price target of $2.78 (compared to the current share price of $2.13).

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