Frontier's FY24 Adjusted EBITDA Outlook: $2.20B - $2.25B
Portfolio Pulse from Benzinga Newsdesk
Frontier (FYBR) projects its FY24 Adjusted EBITDA to be between $2.20B and $2.25B, with plans for 1.3 million new fiber passings and significant investments in capital and pension contributions.
February 23, 2024 | 12:02 pm
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Frontier (FYBR) anticipates an Adjusted EBITDA of $2.20B-$2.25B for FY24, with significant capital investments and new fiber expansions.
Frontier's optimistic EBITDA outlook and aggressive expansion and investment plans for FY24 suggest a positive trajectory for the company's financial health and growth prospects. This could lead to increased investor confidence and potentially a positive impact on FYBR's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100