Citizens Communications Q1 Profit Falls - Quick Facts

Posted on Monday, May 05, 2008 6:18 AM

(RTTNews) - Citizens Communications Co. (CZN) announced a first quarter net income attributable to common shareholder of $45.589 million, down 33% from $67.667 million a year ago. Basic net income per share attributable to common shareholders plunged to $0.14 from $0.21 last year. On average, 13 analysts polled by First Call/Thomson Financial expected the company to earn $0.17 per share. Revenue for the quarter increased 2% to $569.2 million from $556.1 million in the prior year. Analysts were looking for $572.97 million. On an adjusted basis, the company has reported revenue of $517.447 million last year. For comments and feedback: contact editorial@rttnews.com