Lumen Technologies (LUMN) Expected to Announce Earnings on Thursday

Lumen Technologies (NYSE:LUMN - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Lumen Technologies to post earnings of ($0.24) per share and revenue of $3.11 billion for the quarter.

Lumen Technologies (NYSE:LUMN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The technology company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.16. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.12 billion. Lumen Technologies had a negative return on equity of 75.08% and a negative net margin of 2.41%. The company's quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) EPS. 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 down $0.08 during trading hours on Friday, hitting $4.34. The company had a trading volume of 6,478,661 shares, compared to its average volume of 9,538,203. The business has a fifty day moving average of $4.22 and a 200-day moving average of $4.38. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 59.98. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of -13.98 and a beta of 1.39. Lumen Technologies has a 12 month low of $1.68 and a 12 month high of $10.33.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LUMN shares. Wall Street Zen cut Lumen Technologies from a "hold" rating to a "sell" rating in a report on Saturday. BNP Paribas upgraded shares of Lumen Technologies to a "hold" rating in a research note on Wednesday, June 25th. Finally, Raymond James Financial raised shares of Lumen Technologies from a "market perform" rating to an "outperform" rating and set a $4.50 price objective for the company in a report on Monday, May 5th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $4.58.

Hedge Funds Weigh In On Lumen Technologies

Institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Lumen Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 602,705 shares of the technology company's stock valued at $2,363,000 after buying an additional 26,305 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Lumen Technologies by 26.8% during the 1st quarter. Empowered Funds LLC now owns 272,031 shares of the technology company's stock valued at $1,066,000 after acquiring an additional 57,522 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Lumen Technologies by 11.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,985,216 shares of the technology company's stock worth $11,702,000 after purchasing an additional 300,328 shares in the last quarter. Institutional investors and hedge funds own 66.19% of the company's stock.

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.