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

Consolidated Communications Holdings

05/05/2022 14:32

* Consolidated Communications Holdings Inc  CNSL.OQ 
reported
quarterly adjusted earnings of 2 cents​​ per share for the
quarter ended in March. The mean expectation of three analysts
for the quarter was for a loss of 3 cents per share.
    * Revenue fell 7.5% to $300.28 million from a year ago; 
analysts
expected $296.95 million. 
    * The mean earnings estimate of analysts had fallen by
about 223.2% 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 risen
by 8.0% this quarter and lost 14.8% so far this year.
    * The company reported a quarterly loss of $115.55 million.
    * Wall Street's median 12-month price target for
Consolidated
Communications Holdings Inc is $5.50 
    * 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 May 5 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated