Consolidated Communications Holdings Inc expected to post a loss of 27 cents a share - Earnings Preview

Consolidated Communications Holdings

04/08/2023 19:37

* Consolidated Communications Holdings Inc  CNSL.OQ 
 CNSL.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 8. 
    * The Mattoon Illinois-based  company is expected to report 
a
7.0% decrease in revenue to $277.417 million from $298.39
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Consolidated
Communications Holdings Inc is for a loss of 27 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Consolidated
Communications Holdings Inc is $4​, above​ its last closing
price of $3.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.22       -0.23      -0.28     Missed  -19.5
 Dec. 31 2023  -0.29       -0.17      -0.16     Beat    7.2
 Sep. 30 2022  -0.06       -0.08      -0.13     Missed  -63.9​
 Jun. 30 2022  0.00        -0.02      0.01      Beat    140
 ​​Mar.        0.02        -0.03      0.02      Beat    170.6
 31 2022                                                
 Dec. 31 2021              0.04       0.13      Beat    191​
 Sep. 30 2021  -0.01       0.00       0.18      Beat    4,100
 Jun. 30 2021  0.13        0.20       0.09      Missed  -55.9
 This summary was machine generated August 4 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated