Frontier Communications (FTR) Misses Q2 EPS by 19c, Miss on Revenues

Frontier Communications (NASDAQ: FTR) reported Q2 EPS of ($1.10), $0.19 worse than the analyst estimate of ($0.91). Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.31 billion.

Guidance

For the full year 2017, Frontier’s guidance is the following:

• Adjusted free cash flow9 - $800 million to $900 million
• Capital expenditures - $1.1 billion to $1.2 billion
• Integration - operating expense less than $50 million; capital expenditures less than $50 million
• Cash taxes - $0

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

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