Frontier Communications (Nasdaq: FTR ) is expected to report Q1 earnings on May 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Frontier Communications's revenues will wither -3.9% and EPS will increase 20.0%.
The average estimate for revenue is $1.22 billion. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Frontier Communications booked revenue of $1.23 billion. GAAP reported sales were 3.9% lower than the prior-year quarter's $1.28 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.06. GAAP EPS of $0.02 for Q4 were 50% lower than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 91.2%, 160 basis points better than the prior-year quarter. Operating margin was 21.6%, 30 basis points better than the prior-year quarter. Net margin was 2.0%, 130 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.81 billion. The average EPS estimate is $0.24.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 964 members out of 1,075 rating the stock outperform, and 111 members rating it underperform. Among 208 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 184 give Frontier Communications a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Frontier Communications is outperform, with an average price target of $5.18.
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