Level 3 Communications (LVLT) Tops Q2 EPS by 9c

Level 3 Communications (NYSE: LVLT) reported Q2 EPS of $0.53, $0.09 better than the analyst estimate of $0.44. Revenue for the quarter came in at $2.06 billion versus the consensus estimate of $2.08 billion.

2016 Business Outlook

"As we look at the remainder of the year, we are confident in and are reiterating our outlook for Adjusted EBITDA and Free Cash Flow," said Patel. "Specifically, we expect full year 2016 Adjusted EBITDA growth of 10 to 12 percent and Free Cash Flow of $1.0 to $1.1 billion."

For earnings history and earnings-related data on Level 3 Communications (LVLT) click here.

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