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Consolidated Communications Holdings (Consolidated Communications Holdings) Retained Earnings : $-262 Mil (As of Dec. 2023)


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What is Consolidated Communications Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Consolidated Communications Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-262 Mil.

Consolidated Communications Holdings's quarterly retained earnings declined from Jun. 2023 ($-157 Mil) to Sep. 2023 ($-215 Mil) and declined from Sep. 2023 ($-215 Mil) to Dec. 2023 ($-262 Mil).

Consolidated Communications Holdings's annual retained earnings increased from Dec. 2021 ($-142 Mil) to Dec. 2022 ($-12 Mil) but then declined from Dec. 2022 ($-12 Mil) to Dec. 2023 ($-262 Mil).


Consolidated Communications Holdings Retained Earnings Historical Data

The historical data trend for Consolidated Communications Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Consolidated Communications Holdings Retained Earnings Chart

Consolidated Communications Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.22 -34.51 -141.60 -11.87 -262.38

Consolidated Communications Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.87 -48.97 -157.22 -215.08 -262.38

Consolidated Communications Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Consolidated Communications Holdings  (NAS:CNSL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Consolidated Communications Holdings (Consolidated Communications Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2116 South 17th Street, Mattoon, IL, USA, 61938-5973
Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.
Executives
Fred Graffam officer: Chief Financial Officer 1990 WITTINGTON PLACE, FARMERS BRANCH TX 75234
Solis Michel Marissa director 7221 LANGMUIR DRIVE, MCKINNEY TX 75071
Steven L Childers officer: Chief Financial Officer CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Andrew Frey director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Searchlight Iii Cvl Gp, Llc 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Searchlight Iii Cvl, L.p. 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Robert J Currey director
Maribeth S Rahe director 255 E FIFTH STREET, CINCINNATI OH 45202
David G Fuller director 240 WATSON AVE, OAKVILLE A6 L6J 3V1
Udell C Robert Jr director, officer: President and CEO CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Moore Roger H/ca director 12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Thomas A Gerke director GERKE THOMAS A, OVERLAND PARK KS 66251
Timothy D Taron director P.O. BOX 969, ROSEVILLE CA 95661
Dale E Parker director 93 HOYLAKE, ROCKY MOUNT NC 27804
Richard Anthony Lumpkin director 121 SOUTH 17TH STREET, MATTOON IL 61938