ADT's Q3 Adjusted Earnings, Revenue Increase; Updates Full-Year Outlook

MT Newswires Live
2024-10-24

ADT (ADT) reported Q3 adjusted earnings Thursday of $0.20 per diluted share, up from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.17.

Revenue for the quarter ended Sept. 30 was $1.24 billion compared with $1.18 billion a year earlier.

Analysts polled by Capital IQ expected $1.22 billion.

The company now expects full-year adjusted EPS of $0.70 to $0.75, from the previous range of $0.65 to $0.75, and revenue of $4.85 billion to $4.95 billion, from the previous estimate of $4.8 billion to $5 billion. Analysts polled by Capital IQ expect $0.68 in adjusted EPS on revenue of $4.86 billion.

Price: 7.14, Change: +0.22, Percent Change: +3.18

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