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.
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 $0.01, which is worse than the estimate ninety days ago.
Here’s how Cincinnati Bell has been performing on an annual basis:
|Revenue ($) 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|
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] wallstcheatsheet.com)