CenturyLink (CTL) Tops Q1 EPS by 6c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. SNDK
6. HTFL
7. ADYEN:NA
8. DVLT
9. ADYYF
10. WDAY

May 9, 2018 4:22 PM EDT

CenturyLink (NYSE: CTL) reported Q1 EPS of $0.25, $0.06 better than the analyst estimate of $0.19. Revenue for the quarter came in at $5.95 billion versus the consensus estimate of $6 billion.

2018 Business Outlook

"We generated strong adjusted EBITDA during first quarter 2018 and exited the quarter with annual run-rate adjusted EBITDA synergies of approximately $215 million, a solid increase from the year-end 2017 annual run-rate of approximately $75 million," said Sunit Patel, CenturyLink executive vice president and chief financial officer. "We remain confident in our outlook for the rest of the year and are reiterating our adjusted EBITDA and free cash flow outlook for full year 2018."

Metrics 1, 7

2018 Outlook

Adjusted EBITDA

$8.75 to $8.95 billion

Free cash flow

$3.15 to $3.35 billion

Dividends 8

$2.30 billion

Free cash flow after dividends

$850 million to $1.05 billion

GAAP interest expense

$2.25 billion

Cash interest

$2.10 billion

Capital expenditures

~16% of Revenue

Depreciation and amortization

$5.10 to $5.30 billion

Non-cash compensation expense

$200 million

Cash income taxes 9

$100 million

Full year effective income tax rate

~25%

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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Dividend, Earnings