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Optimum Communications Q3 Adj. EPS $1.94 Beats $(0.18) Estimate, Sales $2.000B Miss $2.002B Estimate (Adj EPS excludes Restructuring, impairments and other operating items of $3.430B)

Benzinga Newsdesk 4 hours ago

NewsEarningsEarnings BeatsEarnings Misses

Optimum Communications (NYSE:OPTU) reported quarterly earnings of $1.94 per share which beat the analyst consensus estimate of $(0.18) by 1177.78 percent. This is a 1716.67 percent increase over losses of $(0.12) per

Optimum Communications (NYSE:OPTU) reported quarterly earnings of $1.94 per share which beat the analyst consensus estimate of $(0.18) by 1177.78 percent. This is a 1716.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $2.000 billion which missed the analyst consensus estimate of $2.002 billion by 0.08 percent. This is a 5.12 percent decrease over sales of $2.108 billion the same period last year.

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