Frontier Communications (FYBR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Frontier Communications (FYBR) reported $1.49 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 3.7%. EPS of -$0.33 for the same period compares to $0.05 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.45 billion, representing a surprise of +2.35%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being -$0.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Frontier Communications performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Broadband customer metrics - Broadband customers: 3.06 million versus 3.04 million estimated by two analysts on average. Broadband Net Adds - Business - Fiber: 4 thousand compared to the 4.39 thousand average estimate based on two analysts. Broadband Customers - Consumer - Fiber: 2.16 million compared to the 2.14 million average estimate based on two analysts. Broadband Customers - Business - Fiber: 138 thousand versus the two-analyst average estimate of 138.39 thousand. Revenue- Revenue from contracts with customers: $1.47 billion versus $1.44 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.5% change. Revenue- Subsidy and other revenue: $18 million versus the three-analyst average estimate of $14.67 million. The reported number represents a year-over-year change of +20%. Revenue- Video services: $83 million versus $83.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -20.2% change. Revenue- Fiber- Consumer: $537 million versus the two-analyst average estimate of $539.12 million. The reported number represents a year-over-year change of +12.1%. Revenue- Other: $83 million versus $83.41 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change. Revenue- Revenue from contracts with customers- Fiber: $867 million compared to the $821.31 million average estimate based on two analysts. The reported number represents a change of +14.1% year over year. Revenue- Revenue from contracts with customers- Copper: $604 million versus the two-analyst average estimate of $601.60 million. The reported number represents a year-over-year change of -8.6%. Revenue- Fiber- Business and Wholesale: $330 million compared to the $282.19 million average estimate based on two analysts. The reported number represents a change of +17.4% year over year. View all Key Company Metrics for Frontier Communications here>>>Shares of Frontier Communications have returned +0.3% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Frontier Communications Parent, Inc. (FYBR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks