BofA/Merrill Lynch Downgrades Level 3 Communications (LVLT) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Level 3 Communications (LVLT) Misses Q1 EPS by 8c
April 28, 2016 6:55 AM EDTLevel 3 Communications (NYSE: LVLT) reported Q1 EPS of $0.35, $0.08 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.08 billion.
"Level 3's first quarter results demonstrate the benefit of our emphasis on profitable... More
