Shenandoah Telecommunications Co reports results for the quarter ended in September 30 - Earnings Summary

Reuters
08 Nov 2024
<a href="https://laohu8.com/S/SHEN">Shenandoah Telecommunications Co</a> reports results for the quarter ended in September 30 - Earnings Summary
  • Shenandoah Telecommunications Co SHEN.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of two analysts for the quarter was for a loss of 7 cents per share.

  • Revenue rose 21.9% to $87.60 million from a year ago; analysts expected $88.80 million.

  • Shenandoah Telecommunications Co's reported EPS for the quarter was a loss of 13 cents​.

  • The company reported a quarterly loss of $6.9 million.

  • Shenandoah Telecommunications Co shares had risen by 10.4% this quarter and lost 27.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 122.2% in the last three months.​

  • In the last 30 days, there have been no 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 no "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 November 7 at 05:20 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

Sep. 30 2024

-0.07

-0.07

Met

Jun. 30 2024

0.01

0.01

Met

Mar. 31 2024

-0.02

-0.08

Missed

Dec. 31 2023

-0.01

0.05

Beat

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