Optimum Communications Inc reports results for the quarter ended June 30 - Earnings Summary

Optimum Communications

06/08/2026 16:10

Optimum Communications Inc OPTU.N reported a quarterly adjusted loss of 63 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -20 cents.  The mean expectation of eleven analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -21 cents to -4 cents per share.
Revenue fell 5.8% to $2.02 billion from a year ago; analysts expected $2.04 billion. 
Optimum Communications Inc's reported EPS for the quarter was a loss of 67 cents​.
The company reported a quarterly loss of $291.76 million.
Optimum Communications Inc shares had fallen by 45.9% this quarter and lost 52.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
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 average consensus recommendation for the integrated telecommunications services peer group is  "buy."
Wall Street's median 12-month price target for Optimum Communications Inc is $1.00, about 21.6% above its last closing price of $0.78
This summary was machine generated from LSEG data August 6 at 03:10 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.15
-0.63
Missed
Mar. 31 2026 
-0.14
-6.10
Missed
Dec. 31 2025 
-0.01
-0.15
Missed
Sep. 30 2025 
-0.07
-0.12
Missed