Frontier Communications Q4 Profit Decreases - Quick Facts

(RTTNews) - Frontier Communications Corporation (FTR) reported fourth-quarter net income to shareholders of $13.95 million or $0.01 per basic share, compared to $67.76 million or $0.07 per basic share, prior year. Adjusted net income was $36 million or $0.04 per share, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.05 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $1.33 billion from $1.18 billion last year. Analysts expected revenue of $1.34 billion for the quarter.