2020-10-29 08:35:13 CNSL Consolidated Communications
10/29/20 10/2908:35 10/29/2008:35 | Consolidated Communications reports Q3 adj. EPS 23c, consensus 15cReports Q3 revenue $327.1M, consensus $323.47M. "Consolidated's very solid third quarter results demonstrate both the resiliency of our business and strong execution on improving revenue trends, growing adjusted EBITDA and strengthening the balance sheet," said Bob Udell, president and chief executive officer of Consolidated Communications. "Revenue growth trends in both broadband and data-transport services sequentially and year-over-year combined with lower operating expenses contributed to our strong third quarter results. We've made great progress with our capital allocation plan having successfully completed a global debt refinance which extends maturities, significantly increases liquidity and strengthens our balance sheet, enabling us to immediately pivot and implement our growth plans. Our new capitalization coupled with the strategic investment from Searchlight Capital Partners enables us to accelerate our fiber expansion plans and upgrade more than 1 million passings bringing significant benefits to customers. This multi-year, build plan will put us on a path to return to overall revenue growth," concluded Udell. |
|
---|
Technical Analysis
|
Utilities SPDR: Pivot points »
08:23 01/20/21 01/2008:23 01/20/2108:23
XLU
Utilities SPDR
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Consumer Staples Sector SPDR: Pivot points »
08:23 01/20/21 01/2008:23 01/20/2108:23
XLP
Consumer Staples Sector SPDR
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Caterpillar downgraded to Neutral with increased $205 target at Citi »
08:23 01/20/21 01/2008:23 01/20/2108:23
CAT
Caterpillar
Citi analyst Timothy… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Curaleaf price target raised to $20 from $14 at Roth Capital »
08:23 01/20/21 01/2008:23 01/20/2108:23
CURLF
Curaleaf
Roth Capital analyst… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Health Care Select Sector SPDR: Pivot points »
08:23 01/20/21 01/2008:23 01/20/2108:23
XLV
Health Care Select Sector SPDR
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
iShares Trust Russell 2000 Index Fund: Pivot points »
08:22 01/20/21 01/2008:22 01/20/2108:22
IWM
iShares Trust Russell 2000 Index Fund
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Zions Bancorp price target raised to $62 from $50 at Truist »
08:22 01/20/21 01/2008:22 01/20/2108:22
ZION
Zions Bancorp
Truist analyst Jennifer… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Diamonds Fund ETF: Pivot points »
08:22 01/20/21 01/2008:22 01/20/2108:22
DIA
Diamonds Fund ETF
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Upgrade
|
Sally Beauty upgraded to Equal Weight from Underweight at Morgan Stanley »
08:22 01/20/21 01/2008:22 01/20/2108:22
SBH
Sally Beauty
Morgan Stanley analyst… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
SPDR S&P 500 ETF Trust: Pivot points »
08:22 01/20/21 01/2008:22 01/20/2108:22
SPY
SPDR S&P 500 ETF Trust
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Financial Select Sector: Pivot points »
08:21 01/20/21 01/2008:21 01/20/2108:21
XLF
Financial Select Sector
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Market Vectors Semiconductor: Pivot points »
08:21 01/20/21 01/2008:21 01/20/2108:21
SMH
Market Vectors Semiconductor
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Syndicate
|
Perion Network 4.99M share Spot Secondary priced at $11.50 »
08:21 01/20/21 01/2008:21 01/20/2108:21
PERI
Perion Network
The deal size was… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Invesco QQQ Trust: Pivot points »
08:21 01/20/21 01/2008:21 01/20/2108:21
QQQ
Invesco QQQ Trust
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Nasdaq Composite: Pivot points »
08:20 01/20/21 01/2008:20 01/20/2108:20
$COMP
Nasdaq Composite
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
Nasdaq 100 Index: Pivot points »
08:20 01/20/21 01/2008:20 01/20/2108:20
NDX
Nasdaq 100 Index
The following are the… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Xenia Hotels downgraded to Underweight after outperformance at Morgan Stanley »
08:20 01/20/21 01/2008:20 01/20/2108:20
XHR
Xenia Hotels
As previously reported,… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
ENGlobal updates progress on modular hydrogen plant, Green Energy »
08:19 01/20/21 01/2008:19 01/20/2108:19
ENG
ENGlobal
ENGlobal issued a… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Enzo Biochem board forms corporate development, planning & succession committees »
08:16 01/20/21 01/2008:16 01/20/2108:16
ENZ
Enzo Biochem
Enzo Biochem announced… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Morgan Stanley starts Polaris at Overweight with $140 price target »
08:16 01/20/21 01/2008:16 01/20/2108:16
PII
Polaris
As previously reported,… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Green Thumb Industries price target raised to $40 from $29 at Roth Capital »
08:15 01/20/21 01/2008:15 01/20/2108:15
GTBIF
Green Thumb Industries
Roth Capital analyst… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
TypTap receives approval to write homeowners insurance in Michigan »
08:15 01/20/21 01/2008:15 01/20/2108:15
HCI
HCI Group
TypTap Insurance Company… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Senseonics downgraded to Sell at Craig-Hallum »
08:13 01/20/21 01/2008:13 01/20/2108:13
SENS
Senseonics
As previously reported,… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Osisko Gold appoints Candace MacGibbon to board of directors »
08:12 01/20/21 01/2008:12 01/20/2108:12
OR
Osisko Gold
INV Metals
Osisko Gold Royalties… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Hall of Fame Resort and Entertainment Company and Tupelo Honey in partnership »
08:11 01/20/21 01/2008:11 01/20/2108:11
HOFV
Hall of Fame Resort & Entertainment
Gray Television
Hall of Fame Resort &… Story temporarily locked. ShowHide Related Items >><<
|