Cincinnati Bell (CBB) Tops Q3 EPS Views

Cincinnati Bell (NYSE: CBB) reported Q3 EPS of $0.38, $0.33 better than the analyst estimate of $0.05. Revenue for the quarter came in at $312.4 million versus the consensus estimate of $300.03 million.

In the third quarter, we recognized a $33 million gain on the sale of CyrusOne common shares and an $11 million loss on the extinguishment of $323 million of debt.

GUIDANCE:

Cincinnati Bell sees FY2016 revenue of $1.2 billion, versus the consensus of $1.19 billion.

For earnings history and earnings-related data on Cincinnati Bell (CBB) click here.

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