Lumen Technologies (LUMN) Projected to Post Quarterly Earnings on Thursday

Lumen Technologies (NYSE:LUMN - Get Free Report) is expected to be issuing its Q1 2025 quarterly 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 issued its earnings results on Tuesday, February 4th. The technology company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.14. Lumen Technologies had a negative return on equity of 46.17% and a negative net margin of 0.42%. 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 Performance

Shares of LUMN traded up $0.01 during mid-day trading on Friday, hitting $3.35. The stock had a trading volume of 7,319,281 shares, compared to its average volume of 19,231,216. The company has a market cap of $3.43 billion, a PE ratio of -66.99 and a beta of 1.29. The company's fifty day simple moving average is $4.17 and its two-hundred day simple moving average is $5.56. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 37.70. Lumen Technologies has a fifty-two week low of $0.97 and a fifty-two week high of $10.33.

Wall Street Analyst Weigh In

Several research analysts have recently commented on LUMN shares. Citigroup upgraded Lumen Technologies from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $8.00 to $6.50 in a research report on Wednesday, February 26th. Wells Fargo & Company upgraded Lumen Technologies from an "underweight" rating to an "equal weight" rating and set a $5.00 target price for the company in a research report on Friday, February 21st. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $4.25 price objective on shares of Lumen Technologies in a research report on Monday, February 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $4.59.

About Lumen Technologies

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.