Lumen Technologies (LUMN) Tops Q1 EPS by 4c
Lumen Technologies (NYSE: LUMN) reported Q1 EPS of $0.44, $0.04 better than the analyst estimate of $0.40. Revenue for the quarter came in at $5.03 billion versus the consensus estimate of $5.06 billion.
2021 Outlook:
The company reiterated its full-year 2021 financial outlook detailed below.
2021 Metric (1)(2) | 2021 Outlook |
Adjusted EBITDA (excluding Special Items) | $8.4 to $8.6 billion |
Free Cash Flow (excluding Special Items)(3) | $2.8 to $3.0 billion |
Net Cash Interest | $1.525 to $1.575 billion |
GAAP Interest Expense | $1.550 billion |
Dividends (4) | $1.1 billion |
Capital Expenditures | $3.5 to $3.8 billion |
Depreciation and Amortization | $4.2 to $4.4 billion |
Share-based Compensation Expenses | ~$200 million |
Cash Income Taxes | $100 million |
Full Year Effective Income Tax Rate | 27% |
For earnings history and earnings-related data on Lumen Technologies (LUMN) click here.