Cincinnati Bell (CBB) to Release Earnings on Wednesday
Cincinnati Bell (NYSE:CBB) will be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.21) per share for the quarter. Cincinnati Bell has set its FY 2019 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.
Cincinnati Bell (NYSE:CBB) last announced its quarterly earnings results on Thursday, February 14th. The utilities provider reported ($0.55) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.41). The business had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $391.49 million. Cincinnati Bell’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.34) earnings per share. On average, analysts expect Cincinnati Bell to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Cincinnati Bell stock opened at $9.17 on Tuesday. The firm has a market capitalization of $462.61 million, a price-to-earnings ratio of -8.26 and a beta of 1.57. Cincinnati Bell has a 52-week low of $6.60 and a 52-week high of $17.60.
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About Cincinnati Bell
Cincinnati Bell Inc, together with its subsidiaries, provides diversified telecommunications and technology services to residential and business customers in the United States. It operates in two segments, Entertainment and Communications, and IT Services and Hardware. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, as well as long distance, digital trunking, switched access, and other value-added services, such as caller identification, voicemail, call waiting, and call return.
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