Recap: Shenandoah Q2 Earnings

Shares of Shenandoah SHEN remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were up 123.08% over the past year to $0.58, which beat the estimate of $0.24.

Revenue of $169,526,000 rose by 6.68% from the same period last year, which beat the estimate of $156,600,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Shenandoah hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 30, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/mippsuqh

Technicals

Company's 52-week high was at $59.93

52-week low: $29.61

Price action over last quarter: Up 7.82%

Company Profile

Shenandoah provides both regulated and unregulated telecommunications services to end-users and other telecommunications providers. The company operates through three business segments, wireless, cable, and wireline. Wireless is conducted through the company's investment in Sprint Communications. Sprint derives revenue from wireless services to parts of the U.S. East Coast. The group's cable segment generates revenue by providing video, Internet, voice services, and fiber line services. The wireline segment provides regulated and unregulated voice services, digital subscriber lines, Internet access, and long-distance access services. The company owns a telecommunications infrastructure.