Lumen's stock got little love from Wall Street analysts. That's now changing.
Lumen's stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.
Why Lumen Stock Jumped Today
Lumen (LUMN 2.54%) stock managed to post gains in Tuesday's trading despite a big pullback for artificial intelligence (AI) stocks. The telecom specialist's share price ended the session up 2.5% despite a 0.5% pullback for the S&P 500 index and a 1.4% decline for the Nasdaq Composite.
Why Lumen Stock Sank Today
Lumen (LUMN -7.08%) stock lost significant ground Monday. The company's share price closed out the day down 7.1%.
Why Lumen Stock Fell Today After First Posting Big Gains
Lumen (LUMN -0.64%) stock ended Friday's trading in the red despite posting big gains early in the session. The telecommunications company's share price ended the day down 0.5%, even though it had been up as much as 7.9%.
Lumen Stock Rises on Better-Than-Expected Q4 Earnings
LUMN's fourth-quarter revenue performance is affected by headwinds in the legacy business. Momentum in Quantum Fiber and PCF deals bodes well.
Why Lumen Technologies Is Sinking Today
Shares of Lumen Technologies (LUMN -3.95%) are down Wednesday. The firm's stock lost 3.4% as of 1 p.m.
Lumen Technologies Q4 Earnings Review: Long-Term Growth Reaffirmed
Lumen Technologies exceeded Q4 earnings and revenue expectations. The company is positioned to disrupt the industry by "cloudifying telecom" and supporting the AI economy. Short-term challenges are expected as turnaround continues.
Lumen Technologies, Inc. (LUMN) Q4 2024 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN ) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - Chief Executive Officer Chris Stansbury - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Sebastiano Petti - JPMorgan Batya Levi - UBS David Barden - Bank of America Jim Schneider - Goldman Sachs Jonathan Chaplin - New Street Research Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Sam McHugh - BNP Paribas Operator Greetings everyone, and welcome to Lumen Technologies' Fourth Quarter and Full Year 2024 Earnings Call. During the presentation, all participants will be in a listen-only mode.
Lumen (LUMN) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lumen (LUMN) Q4 Earnings and Revenues Top Estimates
Lumen (LUMN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to earnings of $0.08 per share a year ago.
Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.
Lumen (LUMN) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Lumen (LUMN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
