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

Consolidated Communications Holdings

08/08/2023 15:14

* Consolidated Communications Holdings Inc  CNSL.OQ 
reported a
quarterly adjusted loss of 28 cents​​ per share for the quarter
ended in June. The mean expectation of three analysts for the
quarter was for a loss of 27 cents per share.
    * Revenue fell 7.8% to $275.16 million from a year ago;
analysts
expected $277.42 million. 
    * Consolidated Communications Holdings Inc's reported EPS
for the
quarter was a loss of $1.05​.
    * The mean earnings estimate of analysts had fallen by
about 19.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Consolidated Communications Holdings Inc shares had fallen
by 4.4% this quarter and gained 2.2% so far this year.
    * The company reported a quarterly loss of $118.96 million.
    * Wall Street's median 12-month price target for
Consolidated
Communications Holdings Inc is $4.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 02:14 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.27          -0.28          Missed
 Mar. 31 2023      -0.23          -0.28          Missed
 Dec. 31 2022      -0.17          -0.16          Beat
 Sep. 30 2022      -0.08          -0.13          Missed