|Bid||0.7815 x 1200|
|Ask||0.7900 x 800|
|Day's Range||0.7017 - 0.8109|
|52 Week Range||0.6700 - 7.2500|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.84|
In 2015 Dan McCarthy was appointed CEO of Frontier Communications Corporation (NASDAQ:FTR). This report will, first...
Today's rating action is a result of the change in the rating of the 7.05% Debentures due October 01, 2046 issued by Frontier Communications Corporation (the "Underlying Securities") which was downgraded to Caa3 on August 12, 2019. The transaction is a structured note whose ratings are based on the rating of the Underlying Securities and the legal structure of the transaction. The ratings will be sensitive to any change in the rating of the 7.05% Debentures due October 01, 2046 issued by Frontier Communications Corporation.
Integrated End-to-End Wireless LAN Simplifies Customers’ Operations with Mobility, Collaboration, and Corporate IT Service Access
Moody's Investors Service (Moody's) has downgraded the corporate family rating (CFR) of Frontier Communications Corporation (Frontier) to Caa2 from Caa1 and the probability of default rating (PDR) to Caa3-PD from Caa1-PD. Moody's has also downgraded the company's first lien secured term loan B and first lien secured notes to B3 from B2 and affirmed the second lien secured notes at B3. Moody's downgraded the unsecured notes to Caa3 from Caa2 and affirmed the speculative grade liquidity rating at SGL-3.
Despite secular decline in business and higher operating costs due to soft industry conditions, Frontier (FTR) exceeds second-quarter 2019 earnings and revenue estimates.
Frontier’s sales came in at $2.07 during the second quarter, but the company reduced its 2019 Ebitda forecast to a range of $3.35 billion to $3.42 billion.
NORWALK, Conn.-- -- Total second quarter revenue of $2.07 billion Net loss of $5.32 billion, includes a goodwill impairment of $5.45 billion Second quarter Adjusted EBITDA 1 of $882 million Net broadband unit losses of 71,000 Realized a $160 million annualized transformation program EBITDA benefit in second quarter; expecting a $200 million annualized exit-rate transformation EBITDA benefit at year-end ...
Frontier Communications (FTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rating Action: Moody's affirms ten classes of GSMS 2012- GCJ7. Global Credit Research- 16 Jul 2019. Approximately $1.02 billion of structured securities affected.
Frontier Communications Corporation plans to release second quarter 2019 results on Tuesday, August 6, 2019, after the market closes, and to host a conference call that afternoon at 4:30 P.M.
If you're interested in Frontier Communications Corporation (NASDAQ:FTR), then you might want to consider its beta (a...
Frontier Communications Corporation (“Frontier”) (FTR) announced today that its Board of Directors adopted a shareholder rights plan designed to protect the availability of Frontier’s net operating loss carryforwards (“NOLs”) under the Internal Revenue Code ("Section 382 Rights Plan"). As of December 31, 2018, Frontier had U.S. federal NOLs of approximately $2.4 billion available to offset its future federal taxable income. Frontier’s ability to use these NOLs would be substantially limited if it experienced an “ownership change” within the meaning of Section 382 of the Internal Revenue Code.
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On June 24, Frontier Communications (FTR) stock closed the trading day at $1.43. On the downside, the company’s immediate support lies near $1.36. Frontier Communications’ 14-day relative strength index score was 35.
On June 21, Frontier Communications (FTR) had a trailing 12-month EV-to-EBITDA multiple of 4.94x. As of June 21, Frontier Communications had a market capitalization of $0.15 billion.
According to analysts’ consensus, Frontier Communications (FTR) stock has a mean target price of $2.14 and a current market price of $1.39—an upside potential of 54.0% in the next 12 months.
On June 21, Frontier Communications’ (FTR) closing price was $1.39 per share. Based on the closing price, Frontier Communications has a market capitalization of $0.15 billion.
In the first quarter, Frontier Communications (FTR) reported an adjusted net income and EPS of -$19 million and -$0.18, respectively—compared to -$45 million and -$0.58 in the first quarter of 2018.
In the first quarter, Frontier Communications reported net revenues of $2.10 billion—a fall of 4.5% on a year-over-year basis. Frontier Communications missed analysts’ consensus revenue expectation.
On June 21, CenturyLink stock closed the trading day at $11.34. On the downside, the company’s immediate support lies near $11.26, while $11.42 could act as an immediate resistance level on a daily basis.