Frontier Communications (FTR +11.7%) is staging a post-earnings rally, as investors focus on...

|About: Frontier Communications Cor... (FTR)|By:, SA News Editor

Frontier Communications (FTR +11.7%) is staging a post-earnings rally, as investors focus on healthy free cash flow and broadband/TV net adds rather than expected wireline sub losses. Nomura (Buy) is hiking its 2012 revenue forecast. Jefferies (Buy) notes Frontier's adjusted EBITDA margin hit a near-term high of 49.3%, and argues its dividend payout ratio will likely stay above 50% for several years (Frontier's current yield is 9.1%). Also up: CTL +2.2%. WIN +1.4%. (transcript)