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Why Windstream Holdings (WIN) Could Beat Earnings Estimates Again

Looking for a stock that might be in a good position to beat earnings at its next report? Consider Windstream Holdings, Inc.WIN , a firm in the Wireless National industry, which could be a great candidate for another beat.

This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, WIN has beaten estimates by at least 20% in both cases, suggesting it has a nice short-term history of crushing expectations.

Earnings in Focus

Two quarters ago, WIN expected to incur a loss of 61 cents per share, while it actually produced a loss of 48 cents per share, a beat of 21.3%. Meanwhile, for the most recent quarter, the company looked to deliver loss of 41 cents per share, when it actually saw loss of 13 cents per share instead, representing a 68.3% positive surprise.

Thanks in part to this history, recent estimates have been moving higher for Windstream Holdings. In fact, the Earnings ESP for WIN is positive, which is a great sign of a coming beat.

After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company's earnings prospects. This is the case for WIN, as the firm currently has a Zacks Earnings ESP of 8.16%, so another beat could be around the corner.

This is particularly true when you consider that WIN has a great Zacks Rank #2 (Buy) which can be a harbinger of outperformance and a signal for a strong earnings profile. And when you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70% of the time, so it seems pretty likely that WIN could see another beat at its next report, especially if recent trends are any guide.

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WINDSTREAM HLDG (WIN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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