Consolidated Communications (CNSL) Misses Q1 EPS by 4c; reaffirms guidance

Consolidated Communications (NASDAQ: CNSL) reported Q1 EPS of ($0.28), $0.04 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $276.1 million versus the consensus estimate of $283 million.

2023 Outlook

Consolidated Communications reaffirmed its guidance for the full-year 2023.

Adjusted EBITDA is expected to be in a range of $310 million to $330 million.
Capital expenditures are expected to be in a range of $425 million to $445 million.
Cash interest expense is expected to be in a range of $145 million to $155 million.
Cash income taxes are expected to be below $10 million.

For earnings history and earnings-related data on Consolidated Communications (CNSL) click here.

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