Optimum Communications Inc expected to post a loss of 15 cents a share - Earnings Preview
Optimum Communications Inc expected to post a loss of 15 cents a share - Earnings Preview
Optimum Communications Inc OPTU.N, OPTU.K is expected to show a fall in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Long Island City New York-based company is expected to report a 4.9% decrease in revenue to $2.042 billion from $2.15 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.
LSEG's mean analyst estimate for Optimum Communications Inc is for a loss of 15 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 5 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Optimum Communications Inc is $1.10, about 28.1% above its last closing price of $0.86
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.13 | -0.14 | -6.10 | Missed | -4,128.8 |
Dec. 31 2026 | -0.01 | -0.01 | -0.15 | Missed | -2,472.9 |
Sep. 30 2025 | -0.09 | -0.07 | -0.12 | Missed | -84.6 |
Jun. 30 2025 | -0.03 | -0.03 | -0.20 | Missed | -575.7 |
Mar. 31 2025 | -0.07 | -0.06 | -0.16 | Missed | -165.8 |
Dec. 31 2024 | 0.04 | 0.04 | -0.12 | Missed | -408.3 |
Sep. 30 2024 | 0.03 | 0.04 | -0.09 | Missed | -326.1 |
Jun. 30 2024 | 0.07 | 0.07 | 0.03 | Missed | -56.5 |
This summary was machine generated August 4 at 11:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Recent news on Optimum Communications
See all newsBrief: Optimum Communications Prepares For Bankruptcy To Implement Deal - WSJ
Press Digest: Wall Street Journal - October 21
Media: Optimum Communications Nears Debt Deal to Hand Control to Creditors - WSJ
Media: Drahi, Optimum lenders clash over equity split in restructuring - Bloomberg News
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