Cincinnati Bell Inc (NYSE:CBB) is scheduled to be releasing its earnings data before the market opens on Thursday, November 2nd. Analysts expect Cincinnati Bell to post earnings of $0.02 per share for the quarter.

Cincinnati Bell (NYSE:CBB) last released its quarterly earnings data on Friday, August 4th. The utilities provider reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.07. The firm had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $284.28 million. Cincinnati Bell had a negative return on equity of 3.87% and a net margin of 6.84%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.04 earnings per share. On average, analysts expect Cincinnati Bell to post $1.31 EPS for the current fiscal year and $0.06 EPS for the next fiscal year.

Shares of Cincinnati Bell Inc (CBB) opened at 19.50 on Thursday. Cincinnati Bell Inc has a 52-week low of $16.05 and a 52-week high of $24.45. The company’s 50-day moving average price is $20.00 and its 200-day moving average price is $19.05. The firm has a market cap of $822.41 million, a PE ratio of 11.89 and a beta of 1.51.

Several analysts have commented on CBB shares. ValuEngine raised shares of Cincinnati Bell from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub raised shares of Cincinnati Bell from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Gabelli lowered shares of Cincinnati Bell from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $23.50.

ILLEGAL ACTIVITY WARNING: “Cincinnati Bell Inc (CBB) to Release Earnings on Thursday” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2017/10/26/cincinnati-bell-inc-cbb-to-release-earnings-on-thursday.html.

About Cincinnati Bell

Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments: Entertainment and Communications, and IT Services and Hardware. Through its Entertainment and Communications segment, the Company provides high-speed data, video and voice solutions to consumers and businesses over fiber network and a legacy copper network.

Earnings History for Cincinnati Bell (NYSE:CBB)

Receive News & Ratings for Cincinnati Bell Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cincinnati Bell Inc and related companies with MarketBeat.com's FREE daily email newsletter.