$1.50 Billion in Sales Expected for Windstream Holdings, Inc. (WIN) This Quarter
Equities analysts expect that Windstream Holdings, Inc. (NASDAQ:WIN) will announce $1.50 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Windstream Holdings’ earnings, with the highest sales estimate coming in at $1.51 billion and the lowest estimate coming in at $1.49 billion. Windstream Holdings posted sales of $1.36 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.3%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Thursday, August 3rd.
According to Zacks, analysts expect that Windstream Holdings will report full-year sales of $1.50 billion for the current fiscal year, with estimates ranging from $5.81 billion to $6.01 billion. For the next fiscal year, analysts anticipate that the business will report sales of $5.88 billion per share, with estimates ranging from $5.75 billion to $6.11 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Windstream Holdings.
Several equities analysts have recently weighed in on WIN shares. ValuEngine downgraded Windstream Holdings from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Windstream Holdings in a research report on Wednesday, March 22nd.
Shares of Windstream Holdings (WIN) traded up 2.92% during trading on Wednesday, hitting $3.88. 1,379,322 shares of the company were exchanged. The stock’s market capitalization is $739.12 million. Windstream Holdings has a 1-year low of $3.65 and a 1-year high of $10.46. The company has a 50 day moving average of $4.17 and a 200-day moving average of $5.81.
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.
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