Frontier Communications’ Q3 2018 Earnings: The Must-Knows
Frontier Communications (FTR) stock reacted negatively to the company’s third-quarter earnings, falling ~22.8% on November 7. Frontier’s adjusted net loss attributable to its common shareholders decreased to $7.0 million in the third quarter, compared to a net loss of $73.0 million in the third quarter of 2017. The telecom company reported an EPS loss of $0.07 in the third quarter of 2018, narrower than its adjusted EPS loss of $0.94 in the third quarter of 2017. Wall Street analysts, on average, were expecting the company to post an adjusted EPS loss of $0.23 in the third quarter.