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

February 14, 2018 - By Michael Collier

 $ 1.12 EPS Expected for Frontier Communications Corporation (FTR)
Investors sentiment decreased to 0 in 2017 Q3. Its down 0.44, from 0.44 in 2017Q2. It turned 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.
Camelot Portfolios Ltd Liability Corp owns 105,739 shares. Jnba Advsr has 10 shares. Vantage Investment Advisors Ltd holds 0.01% or 2,129 shares in its portfolio. Focused Wealth Mgmt Inc holds 0% or 815 shares in its portfolio. Canada Pension Plan Investment Board accumulated 148,084 shares. Fire Grp Inc Incorporated Inc reported 859 shares stake. Meridian Counsel stated it has 518,548 shares. Gemmer Asset Limited Liability holds 0% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR) for 8 shares. Td Cap Mgmt Ltd Liability Co holds 0% or 22 shares. Shell Asset Mngmt holds 0.02% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR) for 156,794 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 3.40% or $0.26 during the last trading session, reaching $7.9. About 2.45M shares traded. Frontier Communications Corporation (NASDAQ:FTR) has declined 70.56% since February 14, 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. The firm has “Sell” rating given on Wednesday, November 1 by J.P. Morgan. On Friday, November 10 the stock rating was downgraded by Bank of America to “Underperform”. The stock of Frontier Communications Corporation (NASDAQ:FTR) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, July 12. Sandler O’Neill downgraded the stock to “Hold” rating in Monday, October 12 report. The firm earned “Hold” rating on Wednesday, October 18 by Cowen & Co. Goldman Sachs downgraded the shares of FTR in report on Wednesday, March 22 to “Sell” rating. The stock has “Outperform” rating by Raymond James on Tuesday, August 2. The rating was upgraded by Macquarie Research on Tuesday, September 6 to “Neutral”. As per Tuesday, September 22, the company rating was initiated by RBC Capital Markets. The firm earned “Outperform” rating on Tuesday, October 13 by Cowen & Co.

Frontier Communications Corporation provides communications services to residential, business, and wholesale clients in the United States. The company has market cap of $619.82 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 Did Frontier Communications Corp. Shares Gain 21% in January?” on February 06, 2018, also Fool.com with their article: “Why Did Frontier Communications Corp. Stock Drop 85% in 2017?” published on January 10, 2018, 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. Shares Are Plunging Today” published on August 03, 2017 as well as Fool.com‘s news article titled: “Better Buy: AT&T Inc. vs. Frontier Communications Corp” with publication date: December 07, 2017.

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