The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fairpoint Communications's revenues will compress -3.2% and EPS will remain in the red.
The average estimate for revenue is $235.7 million. On the bottom line, the average EPS estimate is -$1.29.
Last quarter, Fairpoint Communications logged revenue of $235.5 million. GAAP reported sales were 5.2% lower than the prior-year quarter's $248.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at -$1.82. GAAP EPS were -$1.82 for Q1 compared to -$1.80 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 50.7%, 110 basis points worse than the prior-year quarter. Operating margin was -25.8%, 460 basis points worse than the prior-year quarter. Net margin was -20.2%, 140 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $940.7 million. The average EPS estimate is -$5.77.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fairpoint Communications is outperform, with an average price target of $15.00.
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