Frontier Q3 Profit Rises - Quick Facts

(RTTNews) - Frontier Communications Corp. (FTR) reported third-quarter net income attributable to shareholders of $41.99 million, compared to $35.40 million, a year ago. Basic net income per share was $0.04, flat with prior year. Non-GAAP adjusted net income attributable to shareholders for the third quarter of 2014 was $47.7 million, or $0.05 per share.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.04 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $1.14 billion compared to $1.19 billion in the third quarter of 2013. Analysts expected revenue of $1.14 billion for the quarter.