Brokerages Expect Windstream Holdings, Inc. (WIN) Will Post Earnings of -$0.39 Per Share

Analysts predict that Windstream Holdings, Inc. (NASDAQ:WIN) will post earnings of ($0.39) per share for the current quarter, according to Zacks. Five analysts have made estimates for Windstream’s earnings. The highest EPS estimate is ($0.21) and the lowest is ($0.68). Windstream reported earnings per share of ($0.51) during the same quarter last year, which suggests a positive year over year growth rate of 23.5%. The company is expected to issue its next quarterly earnings report on Wednesday, March 7th.

On average, analysts expect that Windstream will report full-year earnings of ($2.19) per share for the current year, with EPS estimates ranging from ($2.48) to ($1.99). For the next financial year, analysts expect that the company will post earnings of ($1.45) per share, with EPS estimates ranging from ($2.76) to ($0.49). Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Windstream.

Windstream (NASDAQ:WIN) last issued its earnings results on Thursday, November 9th. The technology company reported ($0.55) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.46) by ($0.09). Windstream had a negative net margin of 6.49% and a negative return on equity of 64.22%.

WIN has been the topic of several recent analyst reports. JPMorgan Chase & Co. downgraded shares of Windstream from a “neutral” rating to an “underweight” rating in a research note on Tuesday, January 2nd. Barclays initiated coverage on shares of Windstream in a research note on Friday, December 15th. They issued an “underweight” rating and a $1.50 target price on the stock. Canaccord Genuity restated a “buy” rating and issued a $3.00 target price on shares of Windstream in a research note on Monday, December 4th. BidaskClub downgraded shares of Windstream from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Finally, Zacks Investment Research downgraded shares of Windstream from a “hold” rating to a “sell” rating in a research note on Saturday. Six investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. Windstream presently has an average rating of “Sell” and a consensus price target of $2.25.

Shares of Windstream (NASDAQ WIN) remained flat at $$1.77 during trading hours on Wednesday. 1,320,000 shares of the company’s stock traded hands, compared to its average volume of 2,900,000. Windstream has a 1 year low of $1.71 and a 1 year high of $8.35. The company has a debt-to-equity ratio of 20.24, a quick ratio of 0.70 and a current ratio of 0.77. The company has a market cap of $323.74, a price-to-earnings ratio of -0.68 and a beta of -0.12.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of Montreal Can lifted its position in Windstream by 2,071.1% during the 4th quarter. Bank of Montreal Can now owns 106,928 shares of the technology company’s stock worth $197,000 after buying an additional 102,003 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in Windstream by 287.1% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after buying an additional 85,500 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in Windstream by 848,461.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company’s stock worth $204,000 after buying an additional 110,300 shares in the last quarter. Magnetar Financial LLC lifted its position in Windstream by 192.6% during the 3rd quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after buying an additional 116,767 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in Windstream by 43.5% during the 3rd quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after buying an additional 509,970 shares in the last quarter. Institutional investors and hedge funds own 66.27% of the company’s stock.

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Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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