• Lumen Technologies Inc LUMN.N reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of eleven analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -37 cents to -19 cents per share.

• Revenue fell 3.3% to $3.18 billion from a year ago; analysts expected $3.12 billion.

• Lumen Technologies Inc's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of $201 million.

• Lumen Technologies Inc shares had fallen by 9.7% this quarter and lost 33.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 72.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is also "hold"

• Wall Street's median 12-month price target for Lumen Technologies Inc is $5.00

This summary was machine generated from LSEG data May 2 at 03:39 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)