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Consolidated Communications Misses Q3 EPS by 12c; Offers Guidance

Published 2022-11-01, 08:16 a/m
CNSL
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Consolidated Communications (CNSL) reported Q3 EPS of ($0.13), $0.12 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $296.6 million versus the consensus estimate of $292.39 million.

GUIDANCE:

Consolidated Communications reaffirmed its guidance for the full-year 2022.

Adjusted EBITDA is expected to be in a range of $400 million to $410 million.
Capital expenditures are expected to be in a range of $565 million to $585 million.
Cash interest expense is expected to be in a range of $125 million to $129 million.
Cash income taxes are expected to be in a range of $12 million to $17 million.

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