Lumen Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Lumen Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Lumen Technologies Inc LUMN.N reported a quarterly adjusted loss of 7 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of eleven analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -18 cents to -9 cents per share.
Revenue fell 9.3% to $2.81 billion from a year ago; analysts expected $2.77 billion.
Lumen Technologies Inc's reported EPS for the quarter was a loss of 20 cents.
The company reported a quarterly loss of $201 million.
Lumen Technologies Inc shares had fallen by 16.0% this quarter and lost 17.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 45.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."
Wall Street's median 12-month price target for Lumen Technologies Inc is $8.40, about 23.2% above its last closing price of $6.45
This summary was machine generated from LSEG data August 4 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.14 | -0.07 | Beat |
Mar. 31 2026 | -0.13 | -0.47 | Missed |
Dec. 31 2025 | -0.27 | 0.23 | Beat |
Sep. 30 2025 | -0.27 | -0.20 | Beat |
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