Frontier Communications Parent (FYBR) Scheduled to Post Earnings on Friday

Frontier Communications Parent (NASDAQ:FYBR) is scheduled to release its earnings data before the market opens on Friday, May 3rd. Analysts expect Frontier Communications Parent to post earnings of ($0.01) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Frontier Communications Parent (NASDAQ:FYBR) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.06. Frontier Communications Parent had a net margin of 0.50% and a return on equity of 0.56%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the firm posted $0.63 EPS. The company’s revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts expect Frontier Communications Parent to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Frontier Communications Parent Trading Down 1.9 %

Shares of FYBR stock opened at $23.14 on Wednesday. Frontier Communications Parent has a 1 year low of $11.65 and a 1 year high of $25.89. The firm has a fifty day moving average price of $23.51 and a 200-day moving average price of $22.61. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market cap of $5.75 billion, a price-to-earnings ratio of 192.83 and a beta of 1.05.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FYBR. Bank of America began coverage on shares of Frontier Communications Parent in a research report on Tuesday, April 9th. They set a “buy” rating and a $30.00 price objective for the company. Citigroup raised shares of Frontier Communications Parent from a “neutral” rating to a “buy” rating and upped their target price for the stock from $28.00 to $30.00 in a report on Monday, April 15th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.43.

Frontier Communications Parent Company Profile

Frontier Communications Parent, Inc, together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services.