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

Frontier Communications Parent (NASDAQ:FYBR - Get Free Report) is expected to be announcing its earnings results after the market closes on Friday, February 28th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $1.47 billion for the quarter.

Frontier Communications Parent (NASDAQ:FYBR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.28). The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.47 billion. Frontier Communications Parent had a negative net margin of 5.42% and a negative return on equity of 6.25%. On average, analysts expect Frontier Communications Parent to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Frontier Communications Parent Price Performance

Shares of FYBR stock traded down $0.02 during trading hours on Monday, hitting $35.76. 2,708,607 shares of the company's stock were exchanged, compared to its average volume of 2,480,397. Frontier Communications Parent has a fifty-two week low of $21.31 and a fifty-two week high of $39.21. The firm has a market cap of $8.90 billion, a P/E ratio of -27.72 and a beta of 1.05. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.28. The firm has a 50 day moving average of $35.40 and a two-hundred day moving average of $34.47.

Analyst Upgrades and Downgrades

FYBR has been the subject of a number of research analyst reports. Benchmark cut shares of Frontier Communications Parent from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Raymond James downgraded shares of Frontier Communications Parent from a "market perform" rating to an "underperform" rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Frontier Communications Parent presently has an average rating of "Hold" and a consensus target price of $35.31.

About Frontier Communications Parent

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.