$1.51 Billion in Sales Expected for Windstream Holdings, Inc. (WIN) This Quarter
Wall Street brokerages predict that Windstream Holdings, Inc. (NASDAQ:WIN) will post sales of $1.51 billion for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Windstream Holdings’ earnings. The highest sales estimate is $1.53 billion and the lowest is $1.48 billion. Windstream Holdings reported sales of $1.34 billion in the same quarter last year, which would indicate a positive year over year growth rate of 12.7%. The firm is expected to report its next earnings report on Thursday, November 9th.
According to Zacks, analysts expect that Windstream Holdings will report full year sales of $1.51 billion for the current financial year, with estimates ranging from $5.84 billion to $6.07 billion. For the next year, analysts anticipate that the firm will report sales of $5.88 billion per share, with estimates ranging from $5.75 billion to $5.98 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that that provide coverage for Windstream Holdings.
Several research firms have recently issued reports on WIN. ValuEngine lowered shares of Windstream Holdings from a “sell” rating to a “strong sell” rating in a research note on Monday, October 2nd. BidaskClub upgraded shares of Windstream Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.
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Shares of Windstream Holdings (NASDAQ:WIN) opened at $2.00 on Friday. Windstream Holdings has a one year low of $1.73 and a one year high of $8.35. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 16.34.
Windstream Holdings 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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