Frontier’s EBITDA growth
For the first quarter, analysts expect Frontier Communications (FTR) to report an adjusted EBITDA of $864 million. Frontier Communications’ first-quarter adjusted EBITDA is expected to decrease ~4.8% YoY (year-over-year) from $908 million in the first quarter of 2018. For 2019, Frontier Communications expects its adjusted EBITDA to be $3.45 billion–$3.55 billion, which is down from $3.565 billion reported in 2018.
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In the fourth quarter of 2018, Frontier Communications reported an adjusted EBITDA of $895 million—compared to $919 million in the fourth quarter of 2017. The company’s adjusted EBITDA margin expanded to 42.1% in the fourth quarter of 2018 from 41.5% in the fourth quarter of 2017 due to continued cost-cutting initiatives. Frontier Communications is targeting a $500 million run-rate EBITDA benefit by the end of 2020.