Market Overview

Earnings Preview For Zayo Group Holdings

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On Thursday, Zayo Group Holdings (NYSE: ZAYO) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Wall Street analysts see Zayo Group reporting earnings of 10 cents per share on sales of $654.35 million.

If the company were to report inline earnings when it publishes results Thursday, earnings would be down 23.08 percent. Sales would be have grown 18.93 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.12 0.14 0.15 0.07
EPS Actual 0.12 0.11 0.09 0.13

 

Stock Performance

Over the last 52-week period, shares are up 1.6 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Zayo Group Holdings. The strength of this rating has maintained conviction over the past three months.

Conference Call

Zayo Group's Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://services.choruscall.com/links/zayo180504nELjj8D2.html

Posted-In: Earnings News

 

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