Frontier Communications(US:FYBR) ZACKS·2025-02-20 23:30Financial Performance - Frontier Communications reported a quarterly loss of $0.47 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.19, marking an earnings surprise of -147.37% [1] - The company posted revenues of $1.51 billion for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.52% and showing an increase from $1.43 billion year-over-year [2] - Over the last four quarters, Frontier Communications has surpassed consensus revenue estimates four times, but has only exceeded EPS estimates once [2] Stock Performance and Outlook - Frontier Communications shares have increased by approximately 2.9% since the beginning of the year, compared to the S&P 500's gain of 4.5% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.27 on revenues of $1.49 billion, and for the current fiscal year, it is -$1.11 on revenues of $5.98 billion [7] Industry Context - The Communication - Network Software industry, to which Frontier Communications belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The favorable estimate revisions trend ahead of the earnings release has resulted in a Zacks Rank 2 (Buy) for Frontier Communications, suggesting that the shares are expected to outperform the market in the near future [6]