Frontier Communications Corp. Profit Advances 56% In Q4

(RTTNews) - Frontier Communications Corp. (FTR) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $56 million, or $0.05 per share. This was up from $36 million, or $0.04 per share, in last year's fourth quarter.

Analysts had expected the company to earn -$0.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.0% to $1.41 billion. This was up from $1.33 billion last year.

Frontier Communications Corp. earnings at a glance:

-Earnings (Q4): $56 Mln. vs. $36 Mln. last year. -Earnings Growth (Y-o-Y): 55.6% -EPS (Q4): $0.05 vs. $0.04 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: -$0.04 -Revenue (Q4): $1.41 Bln vs. $1.33 Bln last year. -Revenue Change (Y-o-Y): 6.0%