Lumen Technologies (NYSE:LUMN) reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:07 PM.
Here’s what investors need to know about the announcement.
Earnings
Lumen Technologies beat estimated earnings by 900.0%, reporting an EPS of $0.08 versus an estimate of $-0.01.
Revenue was down $283.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 32.87% drop in the share price the next day.
Here’s a look at Lumen Technologies’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.09 | 0.06 | 0.19 |
| EPS Actual | -0.09 | 0.10 | 0.10 | 0.43 |
| Revenue Estimate | 3.61B | 3.60B | 3.72B | 3.78B |
| Revenue Actual | 3.64B | 3.66B | 3.74B | 3.80B |
To track all earnings releases for Lumen Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
