Lumen Technologies (LUMN) to Release Earnings on Thursday

Lumen Technologies (NYSE:LUMN) is projected to release its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect Lumen Technologies to post earnings of ($0.25) per share and revenue of $3.12 billion for the quarter.

Lumen Technologies (NYSE:LUMN) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.14. Lumen Technologies had a negative net margin of 0.42% and a negative return on equity of 46.17%. 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 Price Performance

Shares of LUMN opened at $3.58 on Wednesday. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.21 and a quick ratio of 1.20. The company’s fifty day moving average price is $4.12 and its 200-day moving average price is $5.52. Lumen Technologies has a 1-year low of $0.97 and a 1-year high of $10.33. The firm has a market capitalization of $3.67 billion, a PE ratio of -71.59 and a beta of 1.29.

Wall Street Analysts Forecast Growth

LUMN has been the subject of a number of recent research reports. Wells Fargo & Company raised shares of Lumen Technologies from an “underweight” rating to an “equal weight” rating and set a $5.00 price target for the company in a research report on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $4.25 price target on shares of Lumen Technologies in a research report on Monday, February 10th. Finally, Citigroup raised Lumen Technologies from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $8.00 to $6.50 in a report on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $4.59.

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.