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

Consolidated Communications Holdings

01/11/2022 13:33

* Consolidated Communications Holdings Inc  CNSL.OQ 
reported a
quarterly adjusted loss of 13 cents​​ per share for the quarter
ended in September. The mean expectation of three analysts for
the quarter was for a loss of 8 cents per share.
    * Revenue fell 6.9% to $296.62 million from a year ago;
analysts
expected $292.39 million. 
    * The mean earnings estimate of analysts had fallen by
about 63%
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 24.3% this quarter and lost 30.9% so far this year.
    * The company reported quarterly net income of $282.25
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 November
1 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          -0.13          Missed
 Jun. 30 2022      -0.02          0.01           Beat
 Mar. 31 2022      -0.03          0.02           Beat
 Dec. 31 2021      0.04           0.13           Beat