The highly anticipated financial results for the third quarter of Lumen Technologies (NYSE: LUMN) are scheduled to be disclosed on Tuesday 5th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
the business is poised to announce an estimated $0.09 loss per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $3.22 billion for this period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $12.97 billion. They also predict that throughout the course of the fiscal year, the business will make about loss of $0.33 per share.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.09. This notable figure was attributed to the company's total revenue, which settled at an impressive $3.64 billion during that specific quarter.
LUMN has scheduled a conference call on 5th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Lumen Technologies (LUMN) closed Friday's regular trading session at $7.00, showing a 9.55 percent gain. During the day, LUMN shares traded between $6.48 and $7.06, with a day volume of 18.67 million shares.
