Frontier Communications (FYBR) Reports Q2 Loss, Tops Revenue Estimates

Frontier Communications (FYBR) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -345.45%. A quarter ago, it was expected that this telecommunications company would post a loss of $0.01 per share when it actually produced break-even earnings, delivering a surprise of 100%. Over the last four q ...