Frontier Communications Parent (FYBR) to Release Earnings on Friday

Frontier Communications Parent (NASDAQ:FYBR) will likely be announcing its earnings results after the market closes on Friday, February 28th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $1.47 billion for the quarter.

Frontier Communications Parent (NASDAQ:FYBR) last announced its earnings results on Thursday, February 20th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.28). Frontier Communications Parent had a negative return on equity of 6.25% and a negative net margin of 5.42%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.47 billion. On average, analysts expect Frontier Communications Parent to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Frontier Communications Parent Stock Performance

Shares of FYBR opened at $35.93 on Thursday. Frontier Communications Parent has a one year low of $21.31 and a one year high of $39.21. The company has a 50-day moving average of $35.45 and a two-hundred day moving average of $34.53. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of -27.85 and a beta of 1.05. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.77 and a quick ratio of 0.77.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Benchmark reissued a “hold” rating on shares of Frontier Communications Parent in a research report on Tuesday. Raymond James lowered shares of Frontier Communications Parent from a “market perform” rating to an “underperform” rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Frontier Communications Parent presently has an average rating of “Hold” and a consensus target price of $35.31.

Frontier Communications Parent Company Profile

Frontier Communications Parent, Inc, together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services.