The upcoming earnings report for Lumen Technologies, Inc. is scheduled for Monday, May 4th. Analysts expect a consensus estimate EPS of -0.12341.
Lumen Technologies, Inc. is currently trading at $8.85, showing a price change of -9 cents (-1.01%) from the previous close. The trading volume is $2.84 million, which is 20.46% higher than the average.
In the latest quarterly earnings report on Monday, February 2nd, Lumen reported a consensus estimate EPS of -0.21. The company is yet to disclose the latest quarterly revenue figures.
Lumen Technologies reported a net change in cash of -$1.40 billion. Operating cash flow stood at $562 million, with debt repayment of $325 million and capital expenditure of -$1.64 billion.
Lumen Technologies recorded a net income of -$2 million, resulting in an EPS of -0.2 cents. The company's revenue was $3 billion, with a gross profit of -$1.33 billion. Operating income was $428 million.
Key financial ratios for Lumen Technologies include a quick ratio of 1.8, operating profit margin of 14.07%, and a debt ratio of 51.56%. The return on equity stands at 0.18.
Lumen Technologies' total assets amount to $34.34 billion, with total liabilities at $35.46 billion. The company holds $1 billion in cash and cash equivalents, while total debt is $17.71 billion.
This financial report provides a comprehensive overview of Lumen Technologies, Inc.'s current financial status and performance metrics.
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based Ethernet, legacy data hosting services, and conferencing services. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.