Windstream Holdings (WIN) Releases Earnings Results, Beats Expectations By $0.39 EPS

Windstream Holdings (WIN) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.01 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.39. Analysts had a consensus of $-0.38. The company posted revenue of $1360.00 million in the period, compared to analysts expectations of $1371.96 million. The company’s revenue was down -4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.13 EPS.

Many Wall Street Analysts have commented on Windstream Holdings. Windstream Holdings was Resumed by Citigroup to “Neutral” on Jul 5, 2016.

Windstream Holdings closed down -0.24 points or -2.59% at $9.03 with 13,01,964 shares getting traded on Tusday. Post opening the session at $9.22, the shares hit an intraday low of $8.91 and an intraday high of $9.35 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Nov 19, 2015, William Acker Montgomery (director) purchased 32,000 shares at $5.73 per share price. According to the SEC, on Aug 17, 2015, Michael G. Stoltz (director) purchased 5,000 shares at $6.71 per share price. On Jul 1, 2015, Alan L Wells (director) purchased 15,000 shares at $6.38 per share price, according to the Form-4 filing with the securities and exchange commission.

Windstream Holdings

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