Consolidated Communications (CNSL) to Release Quarterly Earnings on Tuesday

Consolidated Communications (NASDAQ:CNSL) will release its earnings data before the market opens on Tuesday, August 6th.

Consolidated Communications (NASDAQ:CNSL) last released its quarterly earnings data on Tuesday, May 7th. The utilities provider reported ($0.28) earnings per share for the quarter. Consolidated Communications had a negative net margin of 22.42% and a negative return on equity of 19.47%. The firm had revenue of $274.68 million during the quarter.

Consolidated Communications Trading Down 0.7 %

CNSL stock opened at $4.57 on Monday. Consolidated Communications has a 52-week low of $3.28 and a 52-week high of $4.65. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 6.09. The firm has a market cap of $541.23 million, a P/E ratio of -1.76 and a beta of 1.00. The company’s 50-day simple moving average is $4.42 and its 200-day simple moving average is $4.36.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Consolidated Communications in a research note on Saturday, July 27th. They issued a “sell” rating on the stock.

About Consolidated Communications

Consolidated Communications Holdings, Inc, together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet services, private line data services, software defined wide area network, and multi-protocol label switching services; networking services; cloud-based services; and data center and disaster recovery solutions.