Lumen (LUMN) Reports Q1 Loss, Tops Revenue Estimates

Core Viewpoint - Lumen reported a quarterly loss of $0.13 per share, which was better than the Zacks Consensus Estimate of a loss of$0.29, indicating a significant earnings surprise of 55.17% [1] Financial Performance - The company posted revenues of $3.18 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.71$3.29 billion in the same quarter last year [2] - Over the last four quarters, Lumen has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - Lumen shares have declined approximately 33.3% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current Zacks Rank for Lumen is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of$3.08 billion, and for the current fiscal year, it is -$1.11 on revenues of$12.39 billion [7] - The trend of estimate revisions for Lumen is mixed, which could change following the recent earnings report [6] Industry Context - The Diversified Communication Services industry, to which Lumen belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Telus, another company in the same industry, is expected to report quarterly earnings of $0.15 per share, reflecting a year-over-year decline of 21.1% [9]