Windstream Earnings: Here’s Why Shares are Up Now

Windstream Corporation (NASDAQ:WIN) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 2.02%.

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Windstream Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 89.47% to $0.02 in the quarter versus EPS of $0.19 in the year-earlier quarter.

Revenue: Rose 27.22% to $1.54 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Windstream Corporation reported adjusted EPS income of $0.02 per share. By that measure, the company missed the mean analyst estimate of $0.13. It missed the average revenue estimate of $1.55 billion.

Quoting Management:“Windstream continues to produce substantial free cash flow that enables us to invest in our business and reduce our debt while continuing to pay our $1 annual dividend,” said Jeff Gardner, president and CEO. “Our management team and the board of directors unanimously support continuing the dividend at its current rate because we believe it is the best way to create value for our shareholders.

Key Stats (on next page)…

Revenue decreased 0.93% from $1.55 billion in the previous quarter. EPS decreased 83.33% from $0.12 in the previous quarter.

Looking Forward: 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 $0.14 to a profit $0.13. For the current year, the average estimate has moved down from a profit of $0.5 to a profit of $0.49 over the last ninety days.

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