Cincinnati Bell: Here’s What Investors Need to Know Before Earnings

Cincinnati Bell (NYSE:CBB) will report earnings before markets open on Thursday, May 9th. Cincinnati Bell Inc. is a local exchange and wireless provider serving residential and business customers. The Company provides a range of telecommunications products and services to customers in Ohio, Kentucky, and Indiana.

Here is your Cheat Sheet to Cincinnati Bell Earnings:

Earnings Expectations: Analysts expect earnings of $-0.02 per share on revenues of $305.75 million. Currently, the company’s P/E ratio stands at 887.50.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.07 to a profit $0.01. For the current year, the average estimate is a profit of $0.01, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Cincinnati Bell has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,403 1,336 1,377 1,462 1,474
Diluted EPS ($) 0.38 0.37 0.09 0.04 0.00

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 365.30 362.80 368.20 368.20 374.70
Diluted EPS ($) -0.1692 0.05 0.01 0.01 -0.0618

Past Performance:
Cincinnati Bell has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]