LUMN Stock Recent News

Lumen (LUMN -7.08%) stock lost significant ground Monday. The company's share price closed out the day down 7.1%.

Lumen (LUMN -0.64%) stock ended Friday's trading in the red despite posting big gains early in the session. The telecommunications company's share price ended the day down 0.5%, even though it had been up as much as 7.9%.

DENVER , Feb. 6, 2025 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: JP Morgan Global High Yield & Leveraged Finance Conference on February 25. Raymond James Annual Institutional Investors Conference on March 3.

LUMN's fourth-quarter revenue performance is affected by headwinds in the legacy business. Momentum in Quantum Fiber and PCF deals bodes well.

Shares of Lumen Technologies (LUMN -3.95%) are down Wednesday. The firm's stock lost 3.4% as of 1 p.m.

Lumen Technologies exceeded Q4 earnings and revenue expectations. The company is positioned to disrupt the industry by "cloudifying telecom" and supporting the AI economy. Short-term challenges are expected as turnaround continues.

Lumen Technologies, Inc. (NYSE:LUMN ) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - Chief Executive Officer Chris Stansbury - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Sebastiano Petti - JPMorgan Batya Levi - UBS David Barden - Bank of America Jim Schneider - Goldman Sachs Jonathan Chaplin - New Street Research Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Sam McHugh - BNP Paribas Operator Greetings everyone, and welcome to Lumen Technologies' Fourth Quarter and Full Year 2024 Earnings Call. During the presentation, all participants will be in a listen-only mode.

Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lumen (LUMN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to earnings of $0.08 per share a year ago.

Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.