Shenandoah Telecommunications (SHEN) Reports Q3 Loss, Lags Revenue Estimates
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Shenandoah Telecommunications (SHEN) reported a Q3 loss of $0.13 per share, missing the Zacks Consensus Estimate of a $0.07 loss. This is a decline from last year's earnings of $0.03 per share.
November 07, 2024 | 3:00 pm
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Shenandoah Telecommunications reported a larger-than-expected Q3 loss of $0.13 per share, missing the Zacks Consensus Estimate of a $0.07 loss. This marks a significant decline from last year's earnings of $0.03 per share.
The larger-than-expected loss and the decline from last year's earnings are likely to negatively impact SHEN's stock price in the short term. Missing analyst estimates often leads to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100