Frontier Communications Parent Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-21
Frontier Communications Parent Inc reports results for the quarter ended December 31 - Earnings Summary
  • 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

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