$1.51 Billion in Sales Expected for Windstream Holdings, Inc. (WIN) This Quarter
Wall Street brokerages forecast that Windstream Holdings, Inc. (NASDAQ:WIN) will report $1.51 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Windstream Holdings’ earnings. The highest sales estimate is $1.53 billion and the lowest is $1.48 billion. Windstream Holdings reported sales of $1.34 billion in the same quarter last year, which would suggest a positive year over year growth rate of 12.7%. The firm is scheduled to issue its next earnings report on Monday, November 6th.
On average, 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 financial year, analysts anticipate that the firm will post sales of $5.89 billion per share, with estimates ranging from $5.78 billion to $5.98 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Windstream Holdings.
Several brokerages have recently issued reports on WIN. ValuEngine cut Windstream Holdings from a “sell” rating to a “strong sell” rating in a report on Monday, October 2nd. BidaskClub upgraded Windstream Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 31st.
Windstream Holdings (WIN) opened at 1.95 on Friday. The stock’s market capitalization is $372.11 million. The firm’s 50 day moving average is $1.99 and its 200 day moving average is $3.55. Windstream Holdings has a 1-year low of $1.73 and a 1-year high of $8.55.
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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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