What’s Next for Cincinnati Bell Inc. (CBB) After Today’s Big Decline?

Cincinnati Bell Inc. (NYSE:CBB) Logo

The stock of Cincinnati Bell Inc. (NYSE:CBB) is a huge mover today! The stock decreased 1.78% or $0.13 during the last trading session, reaching $7.17. About 1.03M shares traded or 85.26% up from the average. Cincinnati Bell Inc. (NYSE:CBB) has declined 71.28% since September 11, 2018 and is downtrending. It has underperformed by 71.28% the S&P500.
The move comes after 9 months negative chart setup for the $343.79 million company. It was reported on Sep, 11 by Barchart.com. We have $6.67 PT which if reached, will make NYSE:CBB worth $24.07 million less.

Analysts await Cincinnati Bell Inc. (NYSE:CBB) to report earnings on November, 14. They expect $-0.16 earnings per share, 0.00 % or $0.00 from last year’s $-0.16 per share. After $-0.13 actual earnings per share reported by Cincinnati Bell Inc. for the previous quarter, Wall Street now forecasts 23.08 % negative EPS growth.

More notable recent Cincinnati Bell Inc. (NYSE:CBB) news were published by: Benzinga.com which released: “Earnings Scheduled For May 8, 2019 – Benzinga” on May 08, 2019, also Benzinga.com with their article: “75 Biggest Movers From Yesterday – Benzinga” published on August 16, 2019, Seekingalpha.com published: “Cincinnati Bell Q2 2019 Earnings Preview – Seeking Alpha” on August 07, 2019. More interesting news about Cincinnati Bell Inc. (NYSE:CBB) were released by: Seekingalpha.com and their article: “Cincinnati Bell +15% as Wells sees 59% undervaluation – Seeking Alpha” published on August 16, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here is What Hedge Funds Think About Cincinnati Bell Inc. (CBB) – Yahoo Finance” with publication date: June 26, 2019.

Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business clients in the United States. The company has market cap of $343.79 million. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, such as Fioptics voice lines, voice over Internet protocol, long distance, digital trunking, switched access, caller identification, voicemail, call waiting, and call return. It currently has negative earnings. It also provides video services comprising entertainment channels, including digital music, local, movie, and sports programming, high-definition channels, parental controls, HD DVR, and video on-demand.

Cincinnati Bell Inc. (NYSE:CBB) Ratings Chart

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