Wall Street brokerages predict that Windstream Holdings, Inc. (NASDAQ:WIN) will post ($0.39) earnings per share for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Windstream’s earnings, with the highest EPS estimate coming in at ($0.21) and the lowest estimate coming in at ($0.68). Windstream posted earnings of ($0.51) per share in the same quarter last year, which indicates a positive year over year growth rate of 23.5%. The firm is expected to announce its next earnings report on Wednesday, March 7th.
On average, analysts expect that Windstream will report full year earnings of ($2.19) per share for the current fiscal year, with EPS estimates ranging from ($2.48) to ($1.99). For the next year, analysts anticipate that the company will report earnings of ($1.45) per share, with EPS estimates ranging from ($2.76) to ($0.49). Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Windstream.
Windstream (NASDAQ:WIN) last issued its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.55) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.46) by ($0.09). Windstream had a negative net margin of 6.49% and a negative return on equity of 64.22%.
A number of institutional investors have recently modified their holdings of WIN. California Public Employees Retirement System lifted its stake in Windstream by 43.5% in the 3rd quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after purchasing an additional 509,970 shares in the last quarter. Royce & Associates LP lifted its stake in Windstream by 22.6% in the 3rd quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after purchasing an additional 433,134 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Windstream by 20.5% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,702,798 shares of the technology company’s stock worth $3,151,000 after purchasing an additional 289,748 shares in the last quarter. Magnetar Financial LLC lifted its stake in Windstream by 192.6% in the 3rd quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after purchasing an additional 116,767 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Windstream by 848,461.5% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company’s stock worth $204,000 after purchasing an additional 110,300 shares in the last quarter. 66.27% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Windstream (NASDAQ:WIN) remained flat at $$1.77 during trading on Wednesday. 1,320,000 shares of the stock were exchanged, compared to its average volume of 2,900,000. The stock has a market capitalization of $323.74, a PE ratio of -0.68 and a beta of -0.12. Windstream has a 12 month low of $1.71 and a 12 month high of $8.35. The company has a debt-to-equity ratio of 20.24, a quick ratio of 0.70 and a current ratio of 0.77.
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Windstream Company Profile
Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.
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