Frontier Communications Q3 GAAP EPS $0.05 Beats $(0.06) Estimate, Sales $1.44B Miss $1.44B Estimate
Portfolio Pulse from Benzinga Newsdesk
Frontier Communications reported Q3 earnings of $0.05 per share, beating the analyst consensus estimate of $(0.06) by 183.33%. However, the company's quarterly sales of $1.44 billion missed the analyst consensus estimate of $1.44 billion by 0.28%.
November 01, 2023 | 11:01 am
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NEUTRAL IMPACT
Frontier Communications' Q3 earnings beat estimates but sales missed the mark.
While Frontier Communications beat earnings estimates, which is positive, it missed on sales, which is negative. These two factors could balance each other out, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100