Windstream Holdings, Inc. (WIN) Expected to Announce Earnings of -$0.39 Per Share

Equities analysts expect that Windstream Holdings, Inc. (NASDAQ:WIN) will report ($0.39) earnings per share for the current quarter, according to Zacks. Five analysts have made estimates for Windstream’s earnings, with the highest EPS estimate coming in at ($0.21) and the lowest estimate coming in at ($0.68). Windstream posted earnings of ($0.51) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 23.5%. The firm is expected to announce its next quarterly earnings report before the market opens on Thursday, February 22nd.

On average, analysts expect that Windstream will report full year earnings of ($2.18) per share for the current year, with EPS estimates ranging from ($2.48) to ($1.99). For the next fiscal year, analysts expect that the business will post earnings of ($1.68) per share, with EPS estimates ranging from ($2.76) to ($0.91). Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover Windstream.

Windstream (NASDAQ:WIN) last released its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.09). The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Windstream had a negative net margin of 6.49% and a negative return on equity of 64.22%.

WIN has been the topic of a number of research analyst reports. Canaccord Genuity reissued a “buy” rating and issued a $3.00 price target on shares of Windstream in a research note on Monday, December 4th. BidaskClub upgraded shares of Windstream from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. Zacks Investment Research upgraded shares of Windstream from a “strong sell” rating to a “hold” rating in a report on Thursday, January 25th. JPMorgan Chase & Co. cut shares of Windstream from a “neutral” rating to an “underweight” rating in a report on Tuesday, January 2nd. Finally, Barclays started coverage on shares of Windstream in a report on Friday, December 15th. They issued an “underweight” rating and a $1.50 price objective for the company. Six equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. Windstream presently has a consensus rating of “Sell” and a consensus price target of $2.25.

Windstream (NASDAQ:WIN) traded up $0.02 during trading on Friday, hitting $1.47. 154,081 shares of the stock were exchanged, compared to its average volume of 1,827,710. Windstream has a twelve month low of $1.41 and a twelve month high of $7.93. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 20.24.

Hedge funds have recently made changes to their positions in the stock. Magnetar Financial LLC grew its holdings in shares of Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after purchasing an additional 116,767 shares in the last quarter. Royce & Associates LP grew its holdings in shares of Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock valued at $4,154,000 after purchasing an additional 433,134 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Windstream by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock valued at $2,978,000 after purchasing an additional 509,970 shares in the last quarter. Teton Advisors Inc. grew its holdings in shares of Windstream by 20.9% in the fourth quarter. Teton Advisors Inc. now owns 577,914 shares of the technology company’s stock valued at $1,069,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its holdings in shares of Windstream by 287.1% in the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock valued at $204,000 after purchasing an additional 85,500 shares in the last quarter. Hedge funds and other institutional investors own 66.30% of the company’s stock.

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Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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