Previous close | 1.9100 |
Open | 1.9100 |
Bid | 1.7700 x 1300 |
Ask | 0.0000 x 34100 |
Day's range | 1.7700 - 1.9100 |
52-week range | 1.7700 - 11.8900 |
Volume | |
Avg. volume | 27,972,974 |
Market cap | 1.808B |
Beta (5Y monthly) | 1.00 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 29 Aug 2022 |
1y target est | N/A |
Lumen (LUMN) is set to achieve its key financial objectives by investing in customer experience, optimizing sales and channel operations, and embracing innovation.
Lumen (LUMN) partners with WinMagic to provide customers with a comprehensive range of cybersecurity solutions.
Long term investing works well, but it doesn't always work for each individual stock. We really hate to see fellow...
The weekend couldn't come fast enough for telecom stock Lumen Technologies (NYSE: LUMN). The cutting party was no less a financial institution than Citigroup. The big bank's analyst Michael Rollins was the man behind the slice.
The company's share price took a more than 2% hit on Wednesday after first-quarter results were announced; by contrast the S&P 500 index slipped by a relatively modest 0.7%. For its first quarter, Lumen booked total revenue of just over $3.7 billion, a comedown from the nearly $4.7 billion it earned in the same period of 2022. Non-GAAP (generally accepted accounting principles) adjusted net income fell even more precipitously, diving to $97 million ($0.10 per share) from the year-ago tally of $636 million.
Lumen's (LUMN) first-quarter 2023 performance is affected by the completion of the sale of its Latin America business and its 20-state ILEC business to Apollo.
Good afternoon, everyone, and thank you for joining Lumen Technologies' first quarter 2023 earnings call. On the call today are Kate Johnson, president and chief executive officer; and Chris Stansbury, executive vice president and chief financial officer.
Lumen's (LUMN) Q1 performance is likely to have been affected by supply-chain woes, macroeconomic weakness and dissynergies from the sale of ILEC and Latin America businesses
Investors were cautiously optimistic about the company's expansion of a cutting-edge tech service category.
Key Insights Significantly high institutional ownership implies Lumen Technologies' stock price is sensitive to their...
Lumen (LUMN) to add Talkdesk's cloud contact center solutions to optimize customer satisfaction and reduce costs.
Investors need to pay close attention to Lumen (LUMN) stock based on the movements in the options market lately.
Silicon Valley Bank and Signature Bankhave already failed. Credit Suisse plunged after it disclosed material weaknesses in its financial reporting, and its biggest investor, the Saudi National Bank, said it wasn't going to come to its rescue. Let's take a look at the S&P 500's two worst performers from February to see if either of them offers a good buying opportunity.
Shares of Lumen Technologies (NYSE: LUMN), a cloud connectivity and security solutions company, were falling today, just one day after the company lost its spot on the S&P 500 index and after Federal Reserve Chairman Jerome Powell said there's still a need to continue raising interest rates. Yesterday, the S&P Dow Jones Indexes announced that it's replacing Lumen in the S&P 500 with the credit score company Fair Isaac, effective March 20. With Lumen's valuation plummeting as the company's shares have fallen 70% over the past year, the stock will now be part of the S&P SmallCap 600.
The networking veteran's fourth-quarter results beat Wall Street's expectations, but still triggered a massive drop in share price.
The main one concerned Lumen -- effective Monday, March 20, it is being replaced with finance sector mainstay stock Fair Isaac & Co in the S&P 500 and will instead be included in the S&P SmallCap 600. You can say that again with Lumen. Lumen isn't in that position just now, and it should benefit from the reduced pressure of not being one of the over-scrutinized 500.
After declining 19% in 2022, the S&P 500 has risen about 4% this year as investors grew accustomed to inflation, rising interest rates, and other macro headwinds. Let's see if the four worst-performing S&P 500 components so far in 2023 -- Lumen Technologies (NYSE: LUMN), Moderna (NASDAQ: MRNA), Baxter International (NYSE: BAX) and Pfizer (NYSE: PFE) -- are actually contrarian buys.
The recent price decline of 25% in Lumen Technologies, Inc.'s ( NYSE:LUMN ) stock may have disappointed insiders who...
Investors got another case of the jitters on Wednesday, as major market indexes moved lower to give back a sizable part of their gains from Tuesday. Although the losses for the Dow Jones Industrial Average (DJINDICES: ^DJI) were relatively modest, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) posted somewhat more severe declines of more than 1%.
Shares of Lumen Technologies (NYSE: LUMN), a cloud connectivity and security solutions company, were plunging Wednesday after it reported its fourth-quarter results. The company actually beat Wall Street's consensus estimates for the quarter, but investors focused their attention on management's disappointing guidance. Lumen's non-GAAP earnings per share were down 15% from the year-ago quarter to $0.43, but that easily outpaced analysts' average estimate of $0.19 for the quarter.
Lumen's (LUMN) Q4 performance was affected by decline in revenues across all segments.
The headline numbers for Lumen (LUMN) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Image source: The Motley Fool. Lumen Technologies (NYSE: LUMN)Q4 2022 Earnings CallFeb 07, 2023, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to the Lumen Technologies fourth quarter 2022 earnings conference call.