Shenandoah Telecommunications (SHEN) to Release Earnings on Friday

Shenandoah Telecommunications (NASDAQ:SHEN) is scheduled to be posting its quarterly earnings results before the market opens on Friday, May 3rd. Analysts expect Shenandoah Telecommunications to post earnings of ($0.02) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Shenandoah Telecommunications (NASDAQ:SHEN) last issued its quarterly earnings results on Wednesday, February 21st. The utilities provider reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.06. The business had revenue of $72.51 million for the quarter, compared to analyst estimates of $71.85 million. Shenandoah Telecommunications had a return on equity of 1.24% and a net margin of 2.80%. During the same period last year, the company posted ($0.04) earnings per share. On average, analysts expect Shenandoah Telecommunications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shenandoah Telecommunications Stock Performance

Shares of Shenandoah Telecommunications stock opened at $13.95 on Friday. The business’s fifty day simple moving average is $17.09 and its 200 day simple moving average is $20.12. The firm has a market capitalization of $703.78 million, a P/E ratio of 87.19 and a beta of 0.52. Shenandoah Telecommunications has a 12 month low of $13.48 and a 12 month high of $25.51. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.45.

Wall Street Analysts Forecast Growth

Separately, BWS Financial upgraded Shenandoah Telecommunications from a “neutral” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Monday, March 4th.

Shenandoah Telecommunications Company Profile

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name.