Overview

* Frontier Q2 revenue rises 4% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 grows 8.4% and beats estimates, per LSEG data

* Co added record 126,000 fiber broadband customers, boosting revenue growth

Outlook

* Frontier not to provide financial outlook due to pending Verizon acquisition

* Company expects Verizon acquisition to close by Q1 2026

Result Drivers

* FIBER CUSTOMER GROWTH - Added record 126,000 fiber broadband customers, driving revenue growth

* ARPU INCREASE - Consumer fiber broadband ARPU rose 4.9% yr/yr, supporting revenue growth

* COPPER DECLINE - Revenue growth partly offset by declines in copper-based products

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.54 $1.52

Revenue bln bln (10

Analysts

)

Q2 Net -$123

Income mln

Q2 Beat $607 mln $592.40

Adjusted mln (9

EBITDA Analysts

)

Q2 $44 mln

Operatin

g Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the integrated telecommunications services peer group is "buy."

* Wall Street's median 12-month price target for Frontier Communications Parent Inc ( FYBR ) is $38.50, about 4.9% above its July 28 closing price of $36.60

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)