CenturyLink reports third quarter 2017 results

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Go back to CenturyLink reports third quarter 2017 results

CenturyLink, Inc. (CTL) PT Lowered to $17 at Jefferies; Dividend Sustainability in Question

November 9, 2017 8:45 AM EST

Jefferies lowered its price target on CenturyLink, Inc. (NYSE: CTL) to $17.00 (from $22.00) while maintaining a Hold rating following disappointing results with the FY17 outlook lowered again

While they expect the LVLT combination should provide substantial synergies and a lofty tax shield, they are... More

CenturyLink (CTL) Misses Q3 EPS by 3c

November 8, 2017 4:29 PM EST

CenturyLink (NYSE: CTL) reported Q3 EPS of $0.42, $0.03 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $4 billion versus the consensus estimate of $4.06 billion.

Achieved operating revenues of approximately $4.0 billionGenerated operating income of $487 millionGenerated adjusted EBITDA2 of $1.40... More