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Earnings Preview for 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.

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&regTag=&sourcepage=register

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