Benzinga | Nov 4, 2020 04:20PM EST

Lumen Technologies Q3 Adj. EPS $0.40 Beats $0.30 Estimate, Sales $5.17B Beat $5.14B Estimate

Lumen Technologies (NYSE:LUMN) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.30 by 33.33 percent. This is a 29.03 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $5.17 billion which beat the analyst consensus estimate of $5.14 billion by 0.53 percent. This is a 7.83 percent decrease over sales of $5.61 billion the same period last year.