Cincinnati Bell Inc (NYSE:CBB) shares traded on -22.27% below secure line and closed at $9.95. The stock exchanged hands 2.37 Million shares versus average trading capacity of 605.65 Million shares. It has a market cap of $494.81 Million.

Wall Street analysts are predicting that Cincinnati Bell Inc (NYSE:CBB) will report earnings per share of $-0.1 in their quarterly report. For the current quarter Cincinnati Bell Inc (NYSE:CBB) has high EPS estimates of $-0.07 in contradiction of low EPS estimates of $-0.12. However a year ago for the same quarter the company has reported $-0.33 EPS. Average estimation for the current quarter has been provided by 2 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously Cincinnati Bell Inc (NYSE:CBB) reported $-0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.12 by $-0.27 with surprise factor of -225%.

Cincinnati Bell Inc (NYSE:CBB) has average revenue estimates of $299.74 Million, compared to low analyst estimates of $297.28 Million and high estimates of $301.3 Million for the current quarter. A total number of 3 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $1.2 Billion compared to low analyst estimates of $1.19 Billion and high estimates of $1.2 Billion according to the prediction of 4 analysts.

Taking a broader look at the analyst consensus, according to 4 analysts Cincinnati Bell Inc (NYSE:CBB)’s price will reach at $16.19 during 52 weeks. Its minimum price target estimates has been figured out at $14 while the maximum price target forecast is established at $18.

On the other hand Cincinnati Bell Inc (NYSE:CBB) has Relative Strength Index (RSI 14) of 26.33 along with Average True Range (ATR 14) of 0.96. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently Cincinnati Bell Inc (NYSE:CBB)’s weekly and monthly volatility is 12.80%, 6.69% respectively.