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.
Lumen Set to Report Q4 Earnings: Here's What Investors Should Know
LUMN's fourth-quarter performance is likely to have been affected by secular headwinds in legacy business. Increasing uptake of PCF solutions bodes well.
Lumen Technologies: The Turnaround Goes On Well
Lumen Technologies' new management's AI-focused strategy and turnaround plan show promise, with a potential 70% upside, making LUMN a BUY. The company has faced significant financial losses due to previous management's strategic errors but is now improving free cash flow and reducing debt. Lumen's partnerships in AI and cybersecurity, along with fiber expansion, position it well for future growth despite industry competition.
Why Lumen Technologies Is Soaring Today
Shares of Lumen Technologies (LUMN 2.69%) are up Friday. The stock gained 3.8% as of 1:50 p.m.
Why Lumen Technologies Stock Is Soaring Today
Lumen Technologies (LUMN 6.30%) stock is seeing strong bullish momentum in Wednesday's trading. The telecommunications company's share price was up 6.3% as of 3:20 p.m.
Lumen Slips 14% in a Month: How Should You Play the Stock?
Increasing opportunities, driven by AI proliferation, are emerging as a tailwind for LUMN. A debt-laden balance sheet and competition in the AI space are overhangs.
Lumen Reportedly Looking to Offload its Consumer Fiber Business
Citing sources familiar with the matter, Reuters adds that LUMN has sought assistance from Goldman Sachs as the company looks to sell its consumer fiber unit.
