Lumen (LUMN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts forecast that Lumen (LUMN) will report quarterly loss of $0.04 per share in its upcoming release, pointing to a year-over-year decline of 140%. It is anticipated that revenues will amount to $3.39 billion, exhibiting a decline of 9.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 11.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...