Lumen Technologies: Q4 Earnings Insights

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Lumen Technologies 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.

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