Frontier Communications Parent (FYBR) to Release Earnings on Friday

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

Frontier Communications Parent (NASDAQ:FYBR) last released its quarterly earnings data on Thursday, February 20th. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.28). The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.47 billion. Frontier Communications Parent had a negative return on equity of 6.25% and a negative net margin of 5.42%. 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 Up 0.2 %

Frontier Communications Parent stock opened at $35.93 on Thursday. 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 current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.28. The company’s 50-day moving average price is $35.45 and its two-hundred day moving average price is $34.53. Frontier Communications Parent has a 52 week low of $21.31 and a 52 week high of $39.21.

Analyst Ratings Changes

Several equities analysts have commented on FYBR shares. Raymond James cut shares of Frontier Communications Parent from a “market perform” rating to an “underperform” rating in a research note on Thursday, February 6th. Benchmark reissued a “hold” rating on shares of Frontier Communications Parent in a research note on Tuesday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $35.31.

About Frontier Communications Parent

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.