|Bid||4.0100 x 1100|
|Ask||4.1400 x 3200|
|Day's Range||4.0000 - 4.3400|
|52 Week Range||3.9400 - 17.3000|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||2.95|
|Earnings Date||Feb 14, 2023 - Feb 20, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 07, 2018|
|1y Target Est||9.38|
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Altice USA, Inc. (ATUS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of Altice USA Inc. were off more than 6% in premarket trading Thursday after the telecommunications company provided an update upon the conclusion of its strategic review into the Suddenlink cable business. "Over the course of the past several months, the company has been considering options for, including the potential sale of, its Suddenlink business," Altice said in a short press release. "Following this evaluation, the Board of Directors has unanimously determined that continuing to o
The company, controlled by Franco-Israeli telecoms tycoon Patrick Drahi, had hired Goldman Sachs to run the divestment process, a source told Reuters in July, with the business likely fetching a valuation of $20 billion including debt. Shares of Altice fell about 4% in trading before the bell. Altice had acquired Suddenlink, which primarily serves customers in the south-central U.S., for $9.1 billion in 2015 and rebranded it as "Optimum" in August.