Zacks: Brokerages Anticipate Windstream Holdings, Inc. (WIN) to Announce -$0.38 Earnings Per Share
Brokerages expect that Windstream Holdings, Inc. (NASDAQ:WIN) will report earnings of ($0.38) per share for the current quarter, according to Zacks. Five analysts have provided estimates for Windstream Holdings’ earnings, with the lowest EPS estimate coming in at ($0.76) and the highest estimate coming in at ($0.20). Windstream Holdings reported earnings per share of ($0.29) during the same quarter last year, which would suggest a negative year over year growth rate of 31%. The firm is scheduled to announce its next earnings results on Thursday, August 3rd.
According to Zacks, analysts expect that Windstream Holdings will report full-year earnings of ($1.66) per share for the current fiscal year, with EPS estimates ranging from ($3.12) to ($0.49). For the next year, analysts expect that the business will post earnings of ($1.16) per share, with EPS estimates ranging from ($2.75) to ($0.40). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Windstream Holdings.
A number of research firms recently commented on WIN. Goldman Sachs Group Inc reiterated a “sell” rating on shares of Windstream Holdings in a research report on Wednesday, March 22nd. Jefferies Group LLC upgraded Windstream Holdings from an “underperform” rating to a “hold” rating in a report on Thursday, March 2nd.
Shares of Windstream Holdings (NASDAQ:WIN) traded up 0.69% on Thursday, hitting $4.39. The stock had a trading volume of 2,375,848 shares. The stock’s market cap is $836.27 million. Windstream Holdings has a 12 month low of $4.28 and a 12 month high of $10.45. The stock has a 50 day moving average of $5.14 and a 200-day moving average of $6.68.
COPYRIGHT VIOLATION NOTICE: “Zacks: Brokerages Anticipate Windstream Holdings, Inc. (WIN) to Announce -$0.38 Earnings Per Share” was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/05/25/zacks-brokerages-anticipate-windstream-holdings-inc-win-to-announce-0-38-earnings-per-share.html.
About Windstream Holdings
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Windstream Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Windstream Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.