CenturyLink (CTL) Misses Q4 EPS by 3c; Guides In-Line

CenturyLink (NYSE: CTL) reported Q4 EPS of $0.60, $0.03 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $4.44 billion versus the consensus estimate of $4.46 billion.

CenturyLink sees FY2015 EPS of $2.50-$2.70, versus the consensus of $2.51. CenturyLink sees FY2015 revenue of $17.9-18.1 billion, versus the consensus of $18 billion.

"CenturyLink's fourth quarter revenues came in slightly lower than anticipated, however our full-year 2014 results were in-line with our guidance and reflect our success in improving core revenue trends and generating strategic revenue growth," said Glen F. Post III, chief executive officer and president. "Fourth quarter Business revenues from high-bandwidth data services grew approximately 13% year-over-year. And in our Consumer segment, strategic revenues grew to $727 million for the quarter.

"As we look to 2015, we anticipate stronger revenue generation in the second half of the year and expect to reach revenue stability for the full year. We believe revenue growth will benefit from strategic product expansion and our recently implemented organizational realignment. This realignment has strengthened our focus on sales and revenue generation as we have combined and expanded our network and managed hosting/cloud sales forces, while enhancing our product portfolio to support strategic revenue growth in the months ahead," Post concluded.

For earnings history and earnings-related data on CenturyLink (CTL) click here.

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