Lumen (LUMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Lumen (LUMN) reported revenue of $3.29 billion, down 12% over the same period last year. EPS came in at -$ 0.04, compared to $0.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 3.39 billion, representing a surprise of -3.00%. The company delivered an EPS surprise of -33.33%, with the consensus EPS estimate being -$0.03.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...