Frontier Communications (FYBR) reported $1.49 billion in income for the quarter ended September 2024, representing a year-over-year improve of three.7%. EPS of -$0.33 for a similar interval compares to $0.05 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $1.45 billion, representing a shock of +2.35%. The corporate delivered an EPS shock of -50.00%, with the consensus EPS estimate being -$0.22.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s value efficiency.
Right here is how Frontier Communications carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Broadband buyer metrics – Broadband prospects: 3.06 million versus 3.04 million estimated by two analysts on common.
- Broadband Internet Provides – Enterprise – Fiber: 4 thousand in comparison with the 4.39 thousand common estimate based mostly on two analysts.
- Broadband Prospects – Shopper – Fiber: 2.16 million in comparison with the two.14 million common estimate based mostly on two analysts.
- Broadband Prospects – Enterprise – Fiber: 138 thousand versus the two-analyst common estimate of 138.39 thousand.
- Income- Income from contracts with prospects: $1.47 billion versus $1.44 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +3.5% change.
- Income- Subsidy and different income: $18 million versus the three-analyst common estimate of $14.67 million. The reported quantity represents a year-over-year change of +20%.
- Income- Video companies: $83 million versus $83.85 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -20.2% change.
- Income- Fiber- Shopper: $537 million versus the two-analyst common estimate of $539.12 million. The reported quantity represents a year-over-year change of +12.1%.
- Income- Different: $83 million versus $83.41 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.5% change.
- Income- Income from contracts with customers- Fiber: $867 million in comparison with the $821.31 million common estimate based mostly on two analysts. The reported quantity represents a change of +14.1% yr over yr.
- Income- Income from contracts with customers- Copper: $604 million versus the two-analyst common estimate of $601.60 million. The reported quantity represents a year-over-year change of -8.6%.
- Income- Fiber- Enterprise and Wholesale: $330 million in comparison with the $282.19 million common estimate based mostly on two analysts. The reported quantity represents a change of +17.4% yr over yr.
View all Key Company Metrics for Frontier Communications here>>>
Shares of Frontier Communications have returned +0.3% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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Frontier Communications Parent, Inc. (FYBR) : Free Stock Analysis Report
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