CenturyLink (NYSE: CTL ) is expected to report Q3 earnings on Nov. 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CenturyLink's revenues will wither -0.6% and EPS will increase 73.5%.
The average estimate for revenue is $4.57 billion. On the bottom line, the average EPS estimate is $0.59.
Last quarter, CenturyLink reported revenue of $4.61 billion. GAAP reported sales were 4.7% higher than the prior-year quarter's $4.41 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.65. GAAP EPS of $0.12 for Q2 were 37% lower than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.6%, 160 basis points worse than the prior-year quarter. Operating margin was 14.5%, 240 basis points worse than the prior-year quarter. Net margin was 1.6%, 100 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $18.37 billion. The average EPS estimate is $2.53.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 519 members out of 562 rating the stock outperform, and 43 members rating it underperform. Among 165 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 149 give CenturyLink a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CenturyLink is outperform, with an average price target of $43.74.
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