Consolidated Communications Holdings Inc reports results for the quarter ended in December - Earnings Summary

Consolidated Communications Holdings

28/02/2023 14:35

* Consolidated Communications Holdings Inc  CNSL.OQ 
reported a
quarterly adjusted loss of 16 cents​​ per share for the quarter
ended in December. The mean expectation of three analysts for
the quarter was for a loss of 17 cents per share.
    * Revenue fell 7.1% to $295.98 million from a year ago;
analysts
expected $287.23 million. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Consolidated Communications Holdings Inc shares had risen
by 10.9% this quarter.
    * The company reported a quarterly loss of $34.8 million.
    * Wall Street's median 12-month price target for
Consolidated
Communications Holdings Inc is $6.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 02:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.17          -0.16          Beat
 Sep. 30 2022      -0.08          -0.13          Missed
 Jun. 30 2022      -0.02          0.01           Beat
 Mar. 31 2022      -0.03          0.02           Beat