Benzinga | Aug 3, 2021 04:34PM EDT

Lumen Technologies Q2 Adj. EPS $0.48 Beats $0.41 Estimate, Sales $4.92B Miss $4.99B Estimate

Lumen Technologies (NYSE:LUMN) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.41 by 17.07 percent. This is a 14.29 percent increase over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $4.92 billion which missed the analyst consensus estimate of $4.99 billion by 1.32 percent. This is a 5.16 percent decrease over sales of $5.19 billion the same period last year.