Windstream Q3 Profit Decreases - Quick Facts

(RTTNews) - Windstream (WIN) reported third-quarter net income of $8 million or $0.01 per share, compared to $30.6 million or $0.05 per share, prior year. Adjusted earnings per share was $0.03 for the third quarter.

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 decreased to $1.46 billion from $1.50 million last year. Analysts expected revenue of $1.47 billion for the quarter.

Windstream affirmed its previously provided financial guidance for total revenues, adjusted free cash flow and dividend payout ratio for 2014. Guidance includes total revenues for the year within a range of a 2.5 percent decline to a 1 percent increase as compared to 2013 revenues. The company now expects total revenues to be at the low end of the range provided.