Benzinga | Nov 3, 2021 07:07PM EDT

Lumen Technologies Q3 EPS $0.49 Beats $0.38 Estimate, Sales $4.89B Miss $4.90B Estimate

Lumen Technologies (NYSE:LUMN) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.38 by 28.95 percent. This is a 22.5 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $4.89 billion which missed the analyst consensus estimate of $4.90 billion by 0.27 percent. This is a 5.42 percent decrease over sales of $5.17 billion the same period last year.