$1.51 Billion in Sales Expected for Windstream Holdings, Inc. (WIN) This Quarter
Wall Street brokerages expect Windstream Holdings, Inc. (NASDAQ:WIN) to announce $1.51 billion in sales for the current quarter, Zacks reports. Five analysts have made estimates for Windstream Holdings’ earnings. The lowest sales estimate is $1.48 billion and the highest is $1.53 billion. Windstream Holdings posted sales of $1.34 billion in the same quarter last year, which suggests a positive year over year growth rate of 12.7%. The company is scheduled to report its next quarterly earnings report on Monday, November 6th.
According to Zacks, analysts expect that Windstream Holdings will report full-year sales of $1.51 billion for the current fiscal year, with estimates ranging from $5.87 billion to $6.07 billion. For the next year, analysts forecast that the firm will report sales of $5.87 billion per share, with estimates ranging from $5.78 billion to $5.96 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Windstream Holdings.
Several equities research analysts recently issued reports on the company. BidaskClub raised Windstream Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. ValuEngine lowered Windstream Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd.
Windstream Holdings (WIN) opened at 2.06 on Thursday. Windstream Holdings has a 12-month low of $1.87 and a 12-month high of $10.46. The firm’s market cap is $393.11 million. The stock’s 50 day moving average price is $2.42 and its 200-day moving average price is $4.39.
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Windstream Holdings Company Profile
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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