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LUMN / Lumen Technologies: Limited Promises, No Results

Lumen Technologies: Limited Promises, No Results
Lumen Technologies hosted Investor Day 2023 on June 5, with the company providing financial targets through 2027. The telecom is now forecasting muted growth through 2027, with the financial targets not recapturing the modified 2022 numbers. Lumen Technologies stock remains a Sell due to the relatively low margin of safety, with free cash flows approaching breakeven while the company still has a ton of debt. Read More
Posted: Jun 8 2023, 18:02
Author Name: Seeking Alpha
Views: 111033

LUMN News  

Lumen CEO buys nearly $1 million in stock after historic selloff

By Market Watch
November 3, 2023

Lumen CEO buys nearly $1 million in stock after historic selloff

Lumen Technologies Inc. shares sold off sharply in the wake of earnings, but the telecommunication company's chief executive has been buying. more_horizontal

Lumen's stock extends sharp declines toward lowest level in 42 years

By Market Watch
November 2, 2023

Lumen's stock extends sharp declines toward lowest level in 42 years

Shares of Lumen Technologies Inc. LUMN, -12.63% were furthering their sharp declines Thursday despite an upbeat day for the S&P 500 SPX, +1.54%. Lumen more_horizontal

Lumen Layoffs 2023: What to Know About the Latest LUMN Job Cuts

By InvestorPlace
November 1, 2023

Lumen Layoffs 2023: What to Know About the Latest LUMN Job Cuts

In another sign that the economy may not be firing on all cylinders, telecom company Lumen Technologies (NYSE: LUMN ) just announced an effort to rest more_horizontal

Why Lumen Technologies Stock Is Crashing Today

By The Motley Fool
November 1, 2023

Why Lumen Technologies Stock Is Crashing Today

Lumen's Q3 report arrived with a big earnings miss. The company also announced a major restructuring deal with a group of its creditors. more_horizontal

Compared to Estimates, Lumen (LUMN) Q3 Earnings: A Look at Key Metrics

By Zacks Investment Research
October 31, 2023

Compared to Estimates, Lumen (LUMN) Q3 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Lumen (LUMN) give a sense of how the business performed in the quarter ended September 2023, it could be wo more_horizontal

Lumen Technologies, Inc. (LUMN) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

Lumen Technologies, Inc. (LUMN) Q3 2023 Earnings Call Transcript

Lumen Technologies, Inc. (NYSE:LUMN ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants Mike McCormack - Senior Vice P more_horizontal

Lumen Technologies tops third-quarter revenue estimates on strong demand

By Reuters
October 31, 2023

Lumen Technologies tops third-quarter revenue estimates on strong demand

Telecommunications services firm Lumen Technologies beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its s more_horizontal

Factors to Note Ahead of Lumen's (LUMN) Q3 Earnings Release

By Zacks Investment Research
October 27, 2023

Factors to Note Ahead of Lumen's (LUMN) Q3 Earnings Release

Lumen's (LUMN) Q3 performance is likely to have been hurt by a time-consuming digital transformation process. Continued investments in Quantum Fiber a more_horizontal


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