Frontier Communications Corporation (NASDAQ:FTR) moved down -0.49% and closed its last trading session at $4.07. This Utilities Sector stock currently has the Market Capitalization of 4.8 Billion. The Average Volume for the stock is measured as 20.49 Million. The Stock has a 52-Week High of $5.85 and 52-Week Low of $3.81 following the dates, it touched its 52-Week High on Mar 7, 2016 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is -2% with the Return on Equity and Return on Investment of -10.3% and 4.2% respectively. This firm currently has YTD (year to date) performance of -7.24 Percent which is not good. The Short Ratio for the stock is 11.14.
Frontier Communications Corporation (NASDAQ:FTR) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.48. The TTM operating margin is 11.1 percent.
Frontier Communications Corporation (NASDAQ:FTR) is due to report its Earnings on Tue 1 Nov (In 9 Days). The estimated EPS for the current quarter is said to be $-0.03. Following Earnings result, share price were DOWN 16 times out of last 26 Qtrs. The stock has reduced about -17.9% since it reported its last earnings. The Closing price of Frontier Communications Corporation (NASDAQ:FTR) at Last Earnings was $4.96 as compared to the previous closing price of $4.09. The Predicted Move on the 7th day after Frontier Communications Corporation (NASDAQ:FTR) will release its earnings at about 5%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Frontier Communications Corporation (NASDAQ:FTR) beats earnings by 58%, The Stock Missed Earnings 3 times and has met earnings 2 times.
We will discuss the past Quarters Earnings below:
Frontier Communications Corporation (NASDAQ:FTR) reported its previous quarter on 08/01/2016 where it reported the Actual Earnings of $-0.02. The Closing price before the company posted its earnings was $4.96. The Stock declined on the very next day of earnings and maintained its stock price at $4.74 by showing a % change of -4.44 percent from its previous closing price. The Next Day Volume after Earnings was reported as 70.07 Million. On the 7th day After Earnings Report, the stock hit its share price as $4.82 by showing -2.82% decrease from the Stock price Before Earnings were reported.
On 05/03/2016, the stock reported the EPS of $0.01 where Analysts were projecting the EPS to be $-0.1 showing a difference of $0.11. Thus Surprise Factor was there with 110 percent. Before Earnings Announcement on 05/03/2016, the firm had its stock price of $5.2. And immediately on the next day after earnings announcement, the stock declined -4.04% and closed its trading session at $4.99. On 7th Day after earnings release, Frontier Communications Corporation (NASDAQ:FTR) dropped to -3.46% from $5.2 to $5.02.
On 02/23/2016, Analysts were suspecting EPS of $-0.04/share where Frontier Communications Corporation (NASDAQ:FTR) reported its Actual EPS of $0.05. Thus showing a Surprise of 225 percent. The Closing Price of the stock before earnings was $4.23 while on the Next day the stock closed its trading session at $4.76 with a percentage change of 12.53% from the price of 4.23 before Earnings. The Stock Closing Price on the 7th day of earnings was $5.07.
Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the companys facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.