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Wednesday, November 6, 2019

-=CenturyLink (CTL) reported earnings on Wed 6 Nov 19 (a/h)

  • In September 2020, CenturyLink announced it would rebrand to Lumen Technologies, effective September 18, 2020, with the stock ticker changing from CTL to LUMN.



CenturyLink misses by $0.01, beats on revs; reaffirms FY19 outlook
  • Reports Q3 (Sep) adj. earnings of $0.31 per share, $0.01 worse than the S&P Capital IQ Consensus of $0.32; revenues fell 3.6% year/year to $5.61 bln vs the $5.53 bln S&P Capital IQ Consensus. 
  • Reiterates FY19: EBITDA $9.0-9.2 bln, FCF $3.1-3.4 bln

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