Shenandoah Telecommunications Co SHEN.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from 1 cents to 2 cents per share.
Revenue rose 20.3% to $85.80 million from a year ago; analysts expected $86.11 million.
Shenandoah Telecommunications Co's reported EPS for the quarter was a loss of 24 cents.
The company reported a quarterly loss of $12.87 million.
Shenandoah Telecommunications Co shares had risen by 13.2% this quarter and lost 14.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The average consensus recommendation for the integrated telecommunications services peer group is "hold."
Wall Street's median 12-month price target for Shenandoah Telecommunications Co is $26.00
This summary was machine generated from LSEG data August 7 at 01:52 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.01 |
0.01 |
Met |
Mar. 31 2024 |
-0.02 |
-0.08 |
Missed |
Dec. 31 2023 |
-0.01 |
0.05 |
Beat |
Sep. 30 2023 |
-0.01 |
0.03 |
Beat |