Windstream (WIN): Q1 EPS of $0.10 misses by $0.01. Revenue of $1.5B (-2% Y/Y) misses by $0.03B. (PR)


Windstream (WIN): Q1 EPS of $0.10 misses by $0.01. Revenue of $1.5B (-2% Y/Y) misses by $0.03B. (PR)
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Comments (4)
  • TwistTie
    , contributor
    Comments (2429) | Send Message
     
    This looks OK to me, but I'm flat bullish on WIN.
    9 May 2013, 07:22 AM Reply Like
  • mwaldmer
    , contributor
    Comments (79) | Send Message
     
    This is a shock headline, should of published whole report
    9 May 2013, 07:30 AM Reply Like
  • spinrbait
    , contributor
    Comments (678) | Send Message
     
    they will have more later i'm sure. probably even a transcript of the conference call
    9 May 2013, 08:31 AM Reply Like
  • Davephd
    , contributor
    Comments (1140) | Send Message
     
    Here is some more:

     

    (WIN) first-quarter earnings fell 13% as the rural telecommunications company's consumer-service and wholesale revenue declined.
    Windstream was formed in 2006 as a spinoff of Alltel Corp.'s landline business and Valor Communications Group Inc.
    The company's revenue had improved for over three years, aided by an aggressive expansion plan. But the ongoing trend of customers canceling their landlines in favor of wireless phones has pressured its bottom line. In response, Windstream has looked to boost its broadband business.
    Windstream reported a profit of $52.3 million, or nine cents a share, down from $60.4 million, or 10 cents a share, a year earlier. Revenue decreased 2.5% to $1.5 billion.
    Analysts polled by Thomson Reuters had most recently forecast per-share earnings of 11 cents on revenue of $1.53 billion.
    Operating margin edged down to 15.8% from 16%.
    Overall consumer-service revenues fell 2% to $328 million and wholesale revenue dropped 17% to $152 million.
    Meanwhile, business-service revenue rose 2% to $914 million and consumer-broadband-ser... revenue increased 5% to $117 million.
    Shares closed Wednesday at $8.52 and were inactive premarket. The stock has climbed 2.9% since the beginning of the year.
    9 May 2013, 10:20 AM Reply Like
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