-$0.80 EPS Expected for Windstream Holdings, Inc. (WIN) This Quarter

Wall Street brokerages expect that Windstream Holdings, Inc. (NASDAQ:WIN) will post earnings per share of ($0.80) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Windstream’s earnings. The highest EPS estimate is ($0.56) and the lowest is ($1.52). Windstream reported earnings per share of ($0.89) in the same quarter last year, which suggests a positive year over year growth rate of 10.1%. The business is expected to issue its next quarterly earnings results on Thursday, May 3rd.

On average, analysts expect that Windstream will report full-year earnings of ($2.58) per share for the current year, with EPS estimates ranging from ($5.99) to ($0.91). For the next year, analysts forecast that the company will report earnings of ($2.23) per share, with EPS estimates ranging from ($4.95) to ($1.01). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Windstream.

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Windstream (NASDAQ:WIN) last released its quarterly earnings results on Thursday, February 22nd. The technology company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.39) by $0.42. Windstream had a negative net margin of 36.16% and a negative return on equity of 191.89%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the firm earned ($0.83) EPS. Windstream’s revenue for the quarter was up 14.4% on a year-over-year basis.

A number of brokerages have commented on WIN. Morgan Stanley cut their price objective on shares of Windstream from $2.40 to $2.00 and set an “equal weight” rating for the company in a research report on Monday, March 19th. Zacks Investment Research downgraded shares of Windstream from a “hold” rating to a “sell” rating in a research report on Tuesday, February 27th. BidaskClub downgraded shares of Windstream from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. ValuEngine downgraded shares of Windstream from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 7th. Finally, Canaccord Genuity restated a “buy” rating and set a $3.00 price objective on shares of Windstream in a research report on Monday, December 4th. Five equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $1.96.

WIN stock traded down $0.09 on Monday, hitting $1.32. The company’s stock had a trading volume of 3,521,698 shares, compared to its average volume of 2,774,384. Windstream has a 1 year low of $1.28 and a 1 year high of $5.76. The company has a market cap of $288.55, a price-to-earnings ratio of -0.81 and a beta of 0.17. The company has a debt-to-equity ratio of -7.94, a current ratio of 0.60 and a quick ratio of 0.54.

In related news, Director Michael G. Stoltz purchased 29,734 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average price of $1.58 per share, for a total transaction of $46,979.72. Following the acquisition, the director now directly owns 97,453 shares of the company’s stock, valued at approximately $153,975.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.95% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in WIN. Royce & Associates LP grew its stake in Windstream by 17.7% in the 4th quarter. Royce & Associates LP now owns 2,762,415 shares of the technology company’s stock valued at $5,110,000 after acquiring an additional 415,663 shares during the last quarter. California Public Employees Retirement System grew its stake in Windstream by 38.0% in the 4th quarter. California Public Employees Retirement System now owns 2,322,351 shares of the technology company’s stock valued at $4,296,000 after acquiring an additional 639,627 shares during the last quarter. Teachers Advisors LLC grew its stake in Windstream by 11.9% in the 4th quarter. Teachers Advisors LLC now owns 2,066,787 shares of the technology company’s stock valued at $3,824,000 after acquiring an additional 219,053 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in Windstream by 20.5% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,702,798 shares of the technology company’s stock valued at $3,151,000 after acquiring an additional 289,748 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in Windstream by 148.1% in the 4th quarter. Wells Fargo & Company MN now owns 652,756 shares of the technology company’s stock valued at $1,208,000 after acquiring an additional 389,632 shares during the last quarter. Institutional investors and hedge funds own 61.61% of the company’s stock.

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Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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