Categories Earnings

CenturyLink (NYSE: CTL): Q3 2019 Earnings Snapshot

— CenturyLink Inc. (NYSE: CTL) reported its third-quarter 2019 adjusted earnings of $0.31 per share versus $0.33 per share expected.

— Operating revenue declined by 4% to $5.61 billion versus $5.54 billion expected.

CenturyLink (CTL) Q3 2019 Earnings Snapshot

— Revenue from International and Global Accounts rose by 1% while that from Small and Medium Business declined by 6%. Enterprise revenue increased by 3% year-over-year.

— Revenue from Wholesale dropped by 7% and that from Consumer fell by 9%.

— Looking ahead into the full year 2019, the company expects adjusted EBITDA in the range of $9 billion to $9.2 billion and free cash flow in the range of $3.1 billion to $3.4 billion.

— Capital expenditures are anticipated to be in the range of $3.5 billion to $3.8 billion for the full year.

We’re on Apple News! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top