Frontier Reports Second-Quarter 2024 Results

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Go back to Frontier Reports Second-Quarter 2024 Results

Citi on Frontier Communications (FYBR): 'We view results positively and expect Buy-rated FYBR shares to trade higher near-term'

August 2, 2024 10:34 AM EDT

Citi analyst Michael Rollins reiterated a Buy rating and $32.00 price target on Frontier Communications (NASDAQ: FYBR).

The analyst comments "

Frontier delivered favorable 2Q results, with revenue growth of 2.1% outperforming our estimates and consensus and EBITDA growth of 5.1% to $560 million. Overall fiber... More

BofA Securities Reiterates $30 PT on Frontier Communications (FYBR)

August 2, 2024 9:46 AM EDT

BofA Securities analyst Shipra Pandey reiterated a Buy rating and $30.00 price target on Frontier Communications (NASDAQ: FYBR)

The analyst comments "Frontier Communications (FYBR) reported 2Q24 revenue of $1.48bn ahead of our estimates and the Street at $1.46bn. The beat was driven... More

Wolfe Research on Frontier Communications (FYBR): 'We expect the call to focus on broadband net adds trends'

August 2, 2024 9:45 AM EDT

Wolfe Research analyst Peter Supino reiterated an Outperform rating and $35.00 price target on Frontier Communications (NASDAQ: FYBR).

The analyst comments "Frontier reported stronger revenue, EBITDA, fiber broadband net adds & FCF results, including healthier Business and Wholesale revenue of +3.7% (vs. -1.7% cons.), partially offset by a shortfall in fiber consumer broadband ARPU growth of 3.5%... More