Lumen Technologies (LUMN) to Release Quarterly Earnings on Thursday

Lumen Technologies (NYSE:LUMN - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $3.12 billion for the quarter.

Lumen Technologies (NYSE:LUMN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.14. Lumen Technologies had a negative net margin of 0.42% and a negative return on equity of 46.17%. On average, analysts expect Lumen Technologies to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Lumen Technologies Stock Up 0.3 %

Shares of LUMN traded up $0.01 during midday trading on Friday, hitting $3.35. The stock had a trading volume of 7,319,281 shares, compared to its average volume of 19,180,438. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of -66.99 and a beta of 1.29. The company has a 50 day simple moving average of $4.17 and a two-hundred day simple moving average of $5.57. Lumen Technologies has a twelve month low of $0.97 and a twelve month high of $10.33. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.21 and a quick ratio of 1.20.

Analyst Upgrades and Downgrades

LUMN has been the topic of several research reports. Royal Bank of Canada restated a "sector perform" rating and issued a $4.25 target price on shares of Lumen Technologies in a research note on Monday, February 10th. Citigroup raised shares of Lumen Technologies from a "neutral" rating to a "buy" rating and decreased their target price for the company from $8.00 to $6.50 in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company raised shares of Lumen Technologies from an "underweight" rating to an "equal weight" rating and set a $5.00 price target on the stock in a research report on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Lumen Technologies presently has a consensus rating of "Hold" and a consensus target price of $4.59.

Lumen Technologies Company Profile

Lumen Technologies, Inc, a facilities-based technology and communications company, provides various integrated products and services to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber, edge cloud services, internet protocol, managed security, software-defined wide area networks, secure access service edge, unified communications and collaboration, and optical wavelengths services; ethernet and VPN data networks services; and legacy services to manage cash flow, including time division multiplexing voice, private line, and other legacy services, as well as sells communication equipment, and IT solutions.