Consolidated Communications (CNSL) Tops Q1 EPS by 11c, Eliminates Dividend
Consolidated Communications (NASDAQ: CNSL) reported Q1 EPS of ($0.03), $0.11 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $338.6 million versus the consensus estimate of $338.29 million.
Financial Guidance
The Company updated its 2019 guidance as follows:
| 2019 Updated Guidance | 2019 Original Guidance | |||
| Cash interest expense | $130 million to $135 million | $135 million to $140 million | ||
| Cash income taxes/refund1 | $1 million to $3 million | $1 million to $3 million | ||
| (no change) | ||||
| Capital expenditures | $210 million to $220 million | $210 million to $220 million | ||
| (no change) | ||||
For earnings history and earnings-related data on Consolidated Communications (CNSL) click here.