On Wednesday, August 05, CenturyLink CTL will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
CenturyLink EPS will likely be near $0.32 while revenue will be around $5.14 billion, according to analysts. CenturyLink earnings in the same period a year ago was $0.340 per share. Quarterly sales came in at $5.58 billion. If the company were to post earnings in-line with the consensus estimate when it reports Wednesday, EPS would be down 5.88%. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.33 | 0.33 | 0.31 |
| EPS Actual | 0.37 | 0.33 | 0.31 | 0.34 |
| Revenue Estimate | 5.48 B | 5.55 B | 5.54 B | 5.59 B |
| Revenue Actual | 5.23 B | 5.57 B | 5.61 B | 5.58 B |
Stock Performance
Over the last 52-week period, shares are down 14.64%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. CenturyLink is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.centurylink.com%2Fhome%2Fdefault.aspx&eventid=2406015&sessionid=1&key=6AF6662739B660A23519E28AB35E7E3F®Tag=&sourcepage=register
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