Overview
Telecom provider's Q4 revenue grew 7.2% yr/yr
Adjusted EBITDA for Q4 grew 31.3%, margin expanded by 670 basis points
Company announced 10% workforce reduction to align with Glo Fiber completion
Outlook
Shentel projects 2026 revenue between $370 mln and $377 mln
Company expects 2026 adjusted EBITDA between $131 mln and $136 mln
Capital expenditures for 2026 expected to decrease by 20.7%
Result Drivers
GLO FIBER GROWTH - Revenue from Glo Fiber Expansion Markets increased 39% due to a 36.9% growth in data RGUs
COMMERCIAL FIBER - Commercial Fiber revenue rose 10.8%, partly due to a deferred revenue adjustment in Q4 2024
COST REDUCTIONS - Cost of services decreased 3.3% due to synergy savings from the Horizon acquisition and higher capitalized labor
Company press release: ID:nGNX3V3GnY
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | Beat | -$0.10 | -$0.20 (2 Analysts) |
Q4 Net Income | -$5.37 mln | ||
Q4 Basic EPS | -$0.10 | ||
Q4 Operating Expenses | $92.47 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "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 Shenandoah Telecommunications Co is $26.00, about 91.9% above its February 25 closing price of $13.55
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
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