Analysts See $-0.27 EPS for Frontier Communications Corporation (FTR)

October 2, 2018 - By Hugh Holland

Frontier Communications Corporation (NASDAQ:FTR) LogoInvestors sentiment increased to 1.5 in 2018 Q2. Its up 1.50, from 0 in 2018Q1. It increased, as 2 investors sold Frontier Communications Corporation shares while 0 reduced holdings. 3 funds opened positions while 0 raised stakes. 3,275 shares or 9.20% more from 2,999 shares in 2018Q1 were reported.
Whittier Communication, a California-based fund reported 650 shares. Gemmer Asset Management Ltd Liability Co stated it has 8 shares or 0% of all its holdings. Orrstown Fincl Services accumulated 0% or 480 shares. Nelson Roberts Inv Advisors Limited Liability Corporation invested in 8 shares. Vantage Inv Advsr Limited Co invested in 2,129 shares or 0% of the stock.

Analysts expect Frontier Communications Corporation (NASDAQ:FTR) to report $-0.27 EPS on October, 30.They anticipate $0.67 EPS change or 71.28 % from last quarter’s $-0.94 EPS. After having $-0.80 EPS previously, Frontier Communications Corporation’s analysts see -66.25 % EPS growth. The stock increased 4.61% or $0.29 during the last trading session, reaching $6.58. About 798,137 shares traded. Frontier Communications Corporation (NASDAQ:FTR) has declined 58.72% since October 2, 2017 and is downtrending. It has underperformed by 74.34% the S&P500.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Coverage

Among 2 analysts covering Frontier Communications (NASDAQ:FTR), 0 have Buy rating, 2 Sell and 0 Hold. Therefore 0 are positive. Frontier Communications had 3 analyst reports since May 9, 2018 according to SRatingsIntel. The rating was downgraded by Citigroup on Wednesday, May 9 to “Sell”. The company was maintained on Thursday, May 31 by Barclays Capital. The stock has “Sell” rating by Citigroup on Thursday, June 28.

Frontier Communications Corporation provides communications services to residential, business, and wholesale clients in the United States. The company has market cap of $696.23 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 recent Frontier Communications Corporation (NASDAQ:FTR) news were published by: Fool.com which released: “Where Will Frontier Communications Corporation Be in 5 Years?” on September 16, 2018. Also Nasdaq.com published the news titled: “Why Bed Bath & Beyond, Frontier Communications, and Neptune Technologies & Bioressources Jumped Today” on September 17, 2018. Fool.com‘s news article titled: “Better Buy: Frontier Communications Corporation vs. T-Mobile” with publication date: September 23, 2018 was also an interesting one.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Chart

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