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

Consolidated Communications Holdings

02/05/2023 14:32

* Consolidated Communications Holdings Inc  CNSL.OQ 
reported a
quarterly adjusted loss of 28 cents​​ per share for the quarter
ended in March. The mean expectation of four analysts for the
quarter was for a loss of 23 cents per share.
    * Revenue fell 8% to $276.13 million from a year ago;
analysts
expected $286.29 million. 
    * The mean earnings estimate of analysts had fallen by
about 112.4% 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 50.0% this quarter and gained 8.1% so far this year.
    * The company reported a quarterly loss of $47.69 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 May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.02          0.01           Beat