• Frontier Communications Parent Inc FYBR.OQ reported a quarterly adjusted loss of 49 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -29 cents to -16 cents per share.

• Revenue rose 4% to $1.54 billion from a year ago; analysts expected $1.52 billion.

• Frontier Communications Parent Inc's reported EPS for the quarter was a loss of 49 cents​.

• The company reported a quarterly loss of $123 million.

• Frontier Communications Parent Inc shares had risen by 0.5% this quarter and gained 5.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for Frontier Communications Parent Inc is $38.50, about 4.9% above its last closing price of $36.60

This summary was machine generated from LSEG data July 29 at 09:01 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)