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Wall Street Weighs In On CenturyLink's Earnings
Thursday, August 8, 2019 - 11:35am | 482Centurylink Inc (NYSE: CTL) shares traded down 7% on Thursday after the company reported a mixed second quarter. CenturyLink reported EPS of 34 cents, beating analyst forecasts of 31 cents. However, revenue of $5.58 billion missed consensus expectations of $6.04 billion. Revenue dropped 5.5%...
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Analysts Aren't Cutting CBS Despite Earnings Miss
Friday, February 15, 2019 - 3:20pm | 585CBS Corporation (NYSE: CBS) rose Friday despite posting a fourth-quarter earnings miss Thursday. Content licensing, retransmission and subscription revenue were stunted by sales and renewal timing, and the entertainment and cable network segments recorded underwhelming operating income. Analysts...
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Frontier Communications Buy Rating No Longer Supportable, Says UBS
Wednesday, May 3, 2017 - 2:28pm | 275Frontier Communications Corp (NASDAQ: FTR) shares are sinking over 12 percent Wednesday following a first quarter earnings miss and the announcement of a big annual dividend cut, from $0.42 to $0.16 per share. UBS cut its Buy rating to Neutral and lowered its price target from $5.00 to $1.75....
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Windstream Shares Battered Again
Monday, July 13, 2015 - 3:13pm | 519Just when traders thought all of the bad news was already baked into the share price, another analyst lightning bolt sends shares tumbling down even further. On July 13, UBS analyst Batya Levi dropped Windstream Holdings, Inc. (NASDAQ: WIN) from Neutral to Sell, and slashed the target price...