Frontier Communications Q2 2024 GAAP EPS $(0.49) Misses $(0.16) Estimate, Sales $1.480B Beat $1.453B Estimate
Portfolio Pulse from Benzinga Newsdesk
Frontier Communications reported Q2 2024 GAAP EPS of $(0.49), missing the estimate of $(0.16). However, sales were $1.480 billion, beating the estimate of $1.453 billion.
August 02, 2024 | 11:01 am
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Frontier Communications' Q2 2024 earnings report showed a GAAP EPS of $(0.49), missing the $(0.16) estimate. However, sales of $1.480 billion beat the $1.453 billion estimate.
The mixed earnings report for Frontier Communications (FYBR) shows a significant miss on EPS but a beat on sales. This could lead to neutral short-term price movement as investors weigh the negative earnings against the positive sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100