$1.49 Billion in Sales Expected for Windstream Holdings, Inc. (NASDAQ:WIN) This Quarter
Equities analysts expect that Windstream Holdings, Inc. (NASDAQ:WIN) will post sales of $1.49 billion for the current quarter, according to Zacks. Four analysts have issued estimates for Windstream Holdings’ earnings. The highest sales estimate is $1.50 billion and the lowest is $1.48 billion. Windstream Holdings posted sales of $1.34 billion in the same quarter last year, which would indicate a positive year over year growth rate of 11.2%. The firm is expected to report its next earnings report on Monday, November 6th.
According to Zacks, analysts expect that Windstream Holdings will report full year sales of $1.49 billion for the current year, with estimates ranging from $5.81 billion to $6.01 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $5.87 billion per share, with estimates ranging from $5.73 billion to $6.11 billion. Zacks’ sales averages are an average based on a survey of analysts that cover Windstream Holdings.
A number of analysts have issued reports on WIN shares. ValuEngine lowered shares of Windstream Holdings from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. BidaskClub raised shares of Windstream Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 31st.
Shares of Windstream Holdings (NASDAQ WIN) opened at 2.12 on Tuesday. Windstream Holdings has a 52-week low of $2.09 and a 52-week high of $10.45. The stock has a 50 day moving average of $3.99 and a 200 day moving average of $5.53. The firm’s market cap is $403.85 million.
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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