Frontier Communications (FTR) Tops Q4 EPS by 8c

Frontier Communications (NASDAQ: FTR) reported Q4 EPS of $0.05, $0.08 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.42 billion.

Customer revenue for the fourth quarter of 2015 of $1,207 million decreased 1% from $1,223 million in the third quarter of 2015 due to the continued decline in voice services revenue of $18 million. Total residential revenue was $594 million for the fourth quarter of 2015, compared to $606 million in the third quarter of 2015. Total business revenue was $613 million for the fourth quarter of 2015, compared to $617 million in the third quarter of 2015.

For earnings history and earnings-related data on Frontier Communications (FTR) click here.

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