Cincinnati Bell (CBB) Getting Somewhat Critical News Coverage, Study Shows

News articles about Cincinnati Bell (NYSE:CBB) have been trending somewhat negative this week, AlphaOne reports. AlphaOne, a subsidiary of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cincinnati Bell earned a media sentiment score of -0.05 on AlphaOne’s scale. AlphaOne also assigned news coverage about the utilities provider an impact score of 89 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the next few days.

Cincinnati Bell (NYSE:CBB) last announced its earnings results on Tuesday, May 9th. The utilities provider reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by $0.60. Cincinnati Bell had a negative return on equity of 4.95% and a net margin of 11.43%. The business had revenue of $278 million during the quarter, compared to analysts’ expectations of $291.68 million. During the same quarter in the previous year, the firm earned $0.02 EPS. Cincinnati Bell’s quarterly revenue was down 3.8% on a year-over-year basis.

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Cincinnati Bell Company Profile

Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments: Entertainment and Communications, and IT Services and Hardware. Through its Entertainment and Communications segment, the Company provides high-speed data, video and voice solutions to consumers and businesses over fiber network and a legacy copper network.

12 Month Chart for NYSE:CBB

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