Frontier Communications Corporation (NASDAQ:FTR) will release its earnings data after the market closes on Tuesday, October 31st. Analysts expect Frontier Communications Corporation to post earnings of ($0.95) per share for the quarter.

Frontier Communications Corporation (NASDAQ:FTR) last announced its earnings results on Tuesday, August 1st. The utilities provider reported ($1.10) EPS for the quarter, missing analysts’ consensus estimates of ($1.07) by ($0.03). Frontier Communications Corporation had a negative net margin of 9.35% and a negative return on equity of 1.28%. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.31 billion. During the same period in the previous year, the company earned ($0.29) EPS. Frontier Communications Corporation’s revenue was down 11.7% compared to the same quarter last year. On average, analysts expect Frontier Communications Corporation to post $-4.51 EPS for the current fiscal year and $-1.64 EPS for the next fiscal year.

Frontier Communications Corporation (NASDAQ FTR) opened at 11.51 on Tuesday. The firm’s 50 day moving average price is $12.39 and its 200-day moving average price is $17.35. The firm’s market cap is $903.72 million. Frontier Communications Corporation has a one year low of $11.16 and a one year high of $63.90.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 20.85%. This is an increase from Frontier Communications Corporation’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, September 14th. Frontier Communications Corporation’s dividend payout ratio (DPR) is presently -16.65%.

A number of equities research analysts have recently issued reports on the stock. Hilliard Lyons downgraded shares of Frontier Communications Corporation from a “neutral” rating to an “underperform” rating in a research report on Wednesday, August 9th. UBS AG restated a “neutral” rating and set a $15.00 price objective (down from $26.25) on shares of Frontier Communications Corporation in a research report on Tuesday, August 8th. Cowen and Company restated a “hold” rating and set a $14.00 price objective on shares of Frontier Communications Corporation in a research report on Thursday, October 19th. Royal Bank Of Canada restated a “sector perform” rating and set a $16.00 price objective on shares of Frontier Communications Corporation in a research report on Tuesday, August 8th. Finally, ValuEngine upgraded Frontier Communications Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Frontier Communications Corporation presently has a consensus rating of “Hold” and an average target price of $8.94.

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Frontier Communications Corporation Company Profile

Frontier Communications Corporation (Frontier) is a provider of communications services in the United States. The Company offers a portfolio of communications services for residential and business customers. Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).

Earnings History for Frontier Communications Corporation (NASDAQ:FTR)

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