Consolidated Communications Reaffirms 2023 Adjusted EBITDA Forecast Of $310M-$330M
Portfolio Pulse from Benzinga Newsdesk
Consolidated Communications has reaffirmed its 2023 adjusted EBITDA forecast of $310M-$330M.

August 08, 2023 | 12:05 pm
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Consolidated Communications has reaffirmed its 2023 adjusted EBITDA forecast of $310M-$330M.
The reaffirmation of the EBITDA forecast by Consolidated Communications indicates that the company is confident in its financial outlook. This could potentially reassure investors and maintain the current stock price. However, as this is a reaffirmation and not an increase, it is unlikely to drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100