Windstream (OTCMKTS:WINMQ) posted its earnings results on Wednesday. The company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.82) by $2.47, Morningstar.com reports. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion.
OTCMKTS:WINMQ opened at $0.31 on Friday. Windstream has a twelve month low of $0.20 and a twelve month high of $7.60.
Separately, Zacks Investment Research upgraded shares of Windstream from a “hold” rating to a “buy” rating and set a $0.25 target price for the company in a report on Thursday.
Windstream Company Profile
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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