Windstream Reports Below Par
Posted on May 10, 2012 at 13:33 PM EDT
Windstream Corporation (NYSE:WIN) has reported first quarter 2012 adjusted earnings per share of 13 cents, missing the Zacks Consensus Estimate of 16 cents. Adjusted earnings for the quarter shot up 116.7% from the year-ago earnings of 6 cents. Adjusted earnings exclude $14 million in merger and integration expenses and a gain of approximately $1 million [...]

Windstream Corporation (NYSE:WIN) has reported first quarter 2012 adjusted earnings per share of 13 cents, missing the Zacks Consensus Estimate of 16 cents. Adjusted earnings for the quarter shot up 116.7% from the year-ago earnings of 6 cents.
Adjusted earnings exclude $14 million in merger and integration expenses and a gain of approximately $1 million related to the early debt retirement.
Including these costs, the company reported earnings per share of 11 cents, up 83% year-over-year.
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