Frontier Communications Reports 2018 Second Quarter Results

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Go back to Frontier Communications Reports 2018 Second Quarter Results

Frontier Communications (FTR) PT Lowered to $6 at Deutsche Bank

August 2, 2018 9:00 AM EDT

Deutsche Bank lowered its price target on Frontier Communications (NASDAQ: FTR) to $6.00 (from $9.00) while maintaining a Hold rating.

Analyst Matthew Niknam commented, "We maintain a cautious stance on Frontier shares, as our updated forecasts remain below company guidance and consensus. 2Q18... More

Frontier Communications (FTR) Misses Q2 EPS by 8c, Revenues In-Line; Affirms Guidance

July 31, 2018 4:29 PM EDT

Frontier Communications (NASDAQ: FTR) reported Q2 EPS of ($0.80), $0.08 worse than the analyst estimate of ($0.72). Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.16 billion.

Second Quarter

Total revenue of $2.16 billionContinued progress toward improving subscriber trends, offset by typical summer seasonalitySuccessfully concluded the $350 million synergy program on scheduleNext phase of transformation initiatives target $500... More