Lumen Technologies Earnings, Revenue beat In Q4

  • Investing.com
Lumen Technologies Earnings, Revenue beat In Q4
Credit: © Reuters.

Investing.com - Lumen Technologies reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Lumen Technologies announced earnings per share of $0.48 on revenue of $5.13B. Analysts polled by Investing.com anticipated EPS of $0.296 on revenue of $5.11B.

Lumen Technologies shares are up 15% from the beginning of the year and are trading at $12.49 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.1% from the start of the year.

Lumen Technologies follows other major Services sector earnings this month

Lumen Technologies's report follows an earnings beat by Amazon.com on Tuesday, February 2, 2021, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.

Alibaba ADR had beat expectations on Tuesday, February 2, 2021 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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