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.
View more earnings on CTL” data-reactid=”23″>View more earnings on CTL
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&regTag=&sourcepage=register” data-reactid=”24″>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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