The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Frontier Communications's revenues will decrease -3.5% and EPS will drop -14.3%.
The average estimate for revenue is $1.24 billion. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Frontier Communications logged revenue of $1.25 billion. GAAP reported sales were 3.0% lower than the prior-year quarter's $1.29 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.07. GAAP EPS of $0.07 for Q3 were 250% higher than the prior-year quarter's $0.02 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 91.9%, 100 basis points better than the prior-year quarter. Operating margin was 22.3%, 310 basis points better than the prior-year quarter. Net margin was 5.3%, 370 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.01 billion. The average EPS estimate is $0.26.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 969 members out of 1,079 rating the stock outperform, and 110 members rating it underperform. Among 216 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 193 give Frontier Communications a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Frontier Communications is hold, with an average price target of $5.16.
Looking for alternatives to Frontier Communications? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Frontier Communications to My Watchlist.
Seth Jayson owned shares of the following at the time of publication: Frontier Communications. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Is Frontier Communications Corporation a Buy in 2018?
Is the troubled telco a value play or a falling knife?
Why Did Frontier Communications Corp. Stock Drop 85% in 2017?
The company saw nothing but bad news all year long.
Why Frontier Communications Corporation Stock Lost 20.5% in December
2017 was a brutal year for Frontier Communications and its shareholders, with the stock shedding roughly 87% of its value.