Frontier Communications Parent Inc FYBR.OQ reported a quarterly adjusted loss of 47 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of eleven analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -34 cents to 15 cents per share.
Revenue rose 5.6% to $1.51 billion from a year ago; analysts expected $1.47 billion.
Frontier Communications Parent Inc's reported EPS for the quarter was a loss of 47 cents.
The company reported a quarterly loss of $118 million.
Frontier Communications Parent Inc shares had risen by 2.9% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the integrated telecommunications services peer group is also "hold"
Wall Street's median 12-month price target for Frontier Communications Parent Inc is $38.50
This summary was machine generated from LSEG data February 21 at 04:07 a.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 |
Dec. 31 2024 |
-0.17 |
-0.47 |
Missed |
Sep. 30 2024 |
-0.19 |
-0.33 |
Missed |
Jun. 30 2024 |
-0.16 |
-0.49 |
Missed |
Mar. 31 2024 |
-0.08 |
0.00 |
Beat |