Benzinga | May 5, 2021 05:09PM EDT

Lumen Technologies Q1 Adj. EPS $0.44 Beats $0.40 Estimate, Sales $5.03B Miss $5.06B Estimate

Lumen Technologies (NYSE:LUMN) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.40 by 10 percent. This is a 18.92 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $5.03 billion which missed the analyst consensus estimate of $5.06 billion by 0.61 percent. This is a 3.81 percent decrease over sales of $5.23 billion the same period last year.