Frontier Communications (FYBR) Tops Q1 EPS by 7c, provides guidance

Frontier Communications (NASDAQ: FYBR) reported Q1 EPS of $0.00, $0.07 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.44 billion.

Frontier’s guidance for the full-year 2024 is:

Adjusted EBITDA of $2.20 - $2.25 billion1
Fiber passing additions of 1.3 million
Cash capital investment of $3.00 - $3.20 billion2
Cash taxes of approximately $20 million
Net cash interest payments of approximately $750 million
Pension and OPEB expense of approximately $40 million (net of capitalization)
Cash pension and OPEB contributions of approximately $125 million

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

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