When Verizon Communications Inc. VZ announced plans to acquire Frontier Communications Parent, Inc. FYBR in September for $20 billion, some investors were likely eyeing potential gains from the company's dividends.
Frontier Communications Parent, Inc. (NASDAQ:FYBR ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Spencer Kurn - Head, IR Nick Jeffery - President and CEO Scott Beasley - CFO Conference Call Participants Jim Schneider - Goldman Sachs Batya Levi - UBS Jonathan Chaplin - New Street Research Sam McHugh - BNP Paribas Sebastiano Petti - JPMorgan Greg Williams - TD Cowen Michael Rollins - Citi Shipra Pandey - Bank of America Nick Del Deo - MoffettNathanson Simon Flannery - Morgan Stanley Frank Louthan - Raymond James Peter Supino - Wolfe Research Operator Good morning. Thank you for attending today's Frontier Communications Second Quarter 2024 Earnings Call.
Although the revenue and EPS for Frontier Communications (FYBR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
Frontier Communications (FYBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Communication-Network Software providers like Frontier Communications (FYBR), A10 Networks (ATEN) and Weave Communications (WEAV) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.