Lumen (LUMN) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Lumen reported $3.33 billion in revenue for Q4 2024, a year-over-year decline of 5.4%, but exceeded the Zacks Consensus Estimate by 3.36% [1] - The company's EPS for the quarter was $0.09, a significant increase of 212.50% compared to the consensus estimate of -$0.08 [1] Revenue Breakdown - Total Business Segment Revenue was $2.66 billion, surpassing the average estimate of $2.55 billion, but reflecting a year-over-year decline of 4.6% [4] - Total Mass Markets Revenue reached $670 million, slightly above the estimate of $669.32 million, marking an 8.1% decrease year-over-year [4] - Wholesale Business Segment Revenue was $716 million, exceeding the average estimate of $696.68 million, with a year-over-year decline of 3.4% [4] - International and Other Revenue totaled $92 million, slightly below the average estimate of $93 million [4] - Mid-Market Enterprise Revenue was $452 million, below the estimate of $469.47 million, reflecting a year-over-year decline of 7.9% [4] - Public Sector Revenue was $554 million, significantly above the estimate of $465.10 million, showing an 11.9% increase year-over-year [4] - Large Enterprise Revenue was $845 million, slightly below the estimate of $826.71 million, with a substantial year-over-year decline of 20.4% [4] Stock Performance - Lumen's shares have returned -16.3% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]