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SHEN — Shenandoah Telecommunications News Story

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Shenandoah Telecommunications Co reports results for the quarter ended in June - Earnings Summary

* Shenandoah Telecommunications Co  SHEN.OQ  reported
quarterly
adjusted earnings of 4 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for a loss of 4 cents per share.
    * Revenue rose 8.1% to $71.34 million from a year ago;
analysts
expected $70.19 million. 
    * Shenandoah Telecommunications Co's reported EPS for the
quarter
was 4 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Shenandoah Telecommunications Co shares had fallen by 5.1%
this
quarter and gained 16.1% so far this year.
    * The company reported quarterly net income of $1.79
million.
    * Wall Street's median 12-month price target for Shenandoah
Telecommunications Co is $18.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          0.04           Beat
 Mar. 31 2023      -0.02          0.04           Beat
 Dec. 31 2022      -0.01          -0.04          Missed
 Sep. 30 2022      0.04           -0.05          Missed

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