$-1.12 EPS Expected for Frontier Communications Corporation (FTR)

February 20, 2018 - By Kurt Siggers

 $ 1.12 EPS Expected for Frontier Communications Corporation (FTR)
Investors sentiment decreased to 0 in Q3 2017. Its down 0.44, from 0.44 in 2017Q2. It is negative, as 268 investors sold Frontier Communications Corporation shares while 8 reduced holdings. 1 funds opened positions while 0 raised stakes. 933,008 shares or 99.87% less from 713.03 million shares in 2017Q2 were reported.
Shell Asset Mngmt holds 0.02% or 156,794 shares in its portfolio. Meridian Counsel holds 0.36% or 518,548 shares. Gemmer Asset Mngmt Ltd Liability Corp has invested 0% in Frontier Communications Corporation (NASDAQ:FTR). 815 are owned by Focused Wealth Inc. Vantage Invest Advsr Ltd Liability Co reported 0.01% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR). Td Cap Mgmt Ltd Liability has 0% invested in Frontier Communications Corporation (NASDAQ:FTR) for 22 shares. Jnba Advisors, Minnesota-based fund reported 10 shares. Camelot Portfolios Limited reported 105,739 shares stake. Canada Pension Plan Invest Board invested in 148,084 shares. United Fire Grp Inc reported 859 shares.

Analysts expect Frontier Communications Corporation (NASDAQ:FTR) to report $-1.12 EPS on February, 26.They anticipate $0.52 EPS change or 86.67 % from last quarter’s $-0.6 EPS. After having $-0.94 EPS previously, Frontier Communications Corporation’s analysts see 19.15 % EPS growth. The stock increased 3.71% or $0.33 during the last trading session, reaching $9.22. About 3.39M shares traded. Frontier Communications Corporation (NASDAQ:FTR) has declined 70.56% since February 20, 2017 and is downtrending. It has underperformed by 87.26% the S&P500.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Coverage

Among 19 analysts covering Frontier Communications (NASDAQ:FTR), 3 have Buy rating, 5 Sell and 11 Hold. Therefore 16% are positive. Frontier Communications had 39 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained Frontier Communications Corporation (NASDAQ:FTR) on Wednesday, August 2 with “Hold” rating. The company was initiated on Wednesday, August 19 by Stephens. RBC Capital Markets initiated the shares of FTR in report on Tuesday, September 22 with “Sector Perform” rating. The rating was maintained by Wells Fargo on Thursday, November 2 with “Hold”. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 10. As per Friday, November 10, the company rating was downgraded by Bank of America. The rating was downgraded by Deutsche Bank on Wednesday, November 2 to “Hold”. Hilliard Lyons downgraded Frontier Communications Corporation (NASDAQ:FTR) on Thursday, August 3 to “Sell” rating. The stock of Frontier Communications Corporation (NASDAQ:FTR) has “Outperform” rating given on Tuesday, September 15 by Bernstein. As per Monday, July 11, the company rating was initiated by Macquarie Research.

Frontier Communications Corporation provides communications services to residential, business, and wholesale clients in the United States. The company has market cap of $723.38 million. It offers broadband, video, voice, and other services and products through a combination of fiber and copper based networks to residential customers. It currently has negative earnings. The firm also provides broadband, Ethernet, traditional circuit-based, data and optical transport, and voice services, as well as Multiprotocol Label Switching and Time Division Multiplexing services to small business, medium business, and larger enterprises, as well as sells customer premise equipment.

More notable recent Frontier Communications Corporation (NASDAQ:FTR) news were published by: Fool.com which released: “Why I Hate Frontier Communications Corp.” on September 10, 2017, also Fool.com with their article: “Why Frontier Communications Corp. Shares Are Plunging Today” published on August 03, 2017, Fool.com published: “Why Frontier Communications Corp. Shares Lost 12% in August” on September 05, 2017. More interesting news about Frontier Communications Corporation (NASDAQ:FTR) were released by: Fool.com and their article: “Why Frontier Communications Corp. Stock Fell 30% in November” published on December 06, 2017 as well as Fool.com‘s news article titled: “Why Did Frontier Communications Corp. Shares Gain 21% in January?” with publication date: February 06, 2018.

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