Wall Street analysts predict that Windstream Holdings Inc (NASDAQ:WIN) will post ($2.67) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Windstream’s earnings. The lowest EPS estimate is ($3.09) and the highest is ($2.38). Windstream posted earnings per share of $0.15 in the same quarter last year, which would indicate a negative year-over-year growth rate of 1,880%. The business is scheduled to issue its next earnings results on Thursday, February 28th.
On average, analysts expect that Windstream will report full-year earnings of ($7.04) per share for the current year, with EPS estimates ranging from ($7.20) to ($6.96). For the next financial year, analysts expect that the business will post earnings of ($6.80) per share, with EPS estimates ranging from ($9.22) to ($2.53). Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for Windstream.
Windstream (NASDAQ:WIN) last issued its earnings results on Thursday, November 8th. The technology company reported ($2.57) EPS for the quarter, topping the consensus estimate of ($2.58) by $0.01. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.43 billion. Windstream’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.75) EPS.
Several brokerages have recently commented on WIN. ValuEngine lowered Windstream from a “sell” rating to a “strong sell” rating in a research report on Monday, September 24th. Bank of America decreased their target price on Windstream from $7.50 to $4.50 and set an “underperform” rating for the company in a research report on Monday, August 13th. Zacks Investment Research lowered Windstream from a “buy” rating to a “hold” rating in a research report on Saturday, October 13th. Cowen reiterated a “buy” rating and issued a $8.00 target price on shares of Windstream in a research report on Friday, August 10th. Finally, Morgan Stanley decreased their target price on Windstream from $10.00 to $5.00 and set an “equal weight” rating for the company in a research report on Monday, November 19th. Seven research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Sell” and a consensus price target of $4.61.
Large investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC acquired a new position in Windstream during the 2nd quarter valued at approximately $173,000. CQS Cayman LP acquired a new position in Windstream during the 3rd quarter valued at approximately $4,967,000. Raymond James & Associates boosted its position in Windstream by 31.2% during the 2nd quarter. Raymond James & Associates now owns 44,557 shares of the technology company’s stock valued at $235,000 after purchasing an additional 10,607 shares during the period. Engineers Gate Manager LP acquired a new position in Windstream during the 3rd quarter valued at approximately $452,000. Finally, MYDA Advisors LLC acquired a new position in Windstream during the 2nd quarter valued at approximately $132,000. Institutional investors and hedge funds own 59.44% of the company’s stock.
Shares of WIN opened at $2.89 on Thursday. The company has a market capitalization of $129.24 million, a PE ratio of -0.35 and a beta of 0.05. Windstream has a 52 week low of $2.85 and a 52 week high of $11.80.
Windstream Company Profile
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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