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Level 3 Communications (LVLT) Beats on Q4 Earnings - Tale of the Tape

Level 3 Communications, Inc. ( LVLT ), based in Broomfield, Colo., is a leading provider of local, national and global communications services to enterprise, government and carrier customers across the globe. The company, founded in 1984, boasts of a comprehensive portfolio of secure, managed solutions.

The company has an impressive track record having delivered positive earnings surprises in each of the last four quarters, with an average beat of 29.83%.

Zacks Rank: Currently, Level 3 Communications has a Zacks Rank #3 (Hold) but that could change following the company's earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: Level 3 Communications' adjusted earnings of $0.35 per share (on a consolidated basis, i.e including the erstwhile tw telecom's financial numbers for two months), beat the Zacks Consensus Estimate of $0.33 per share. The acquisition was completed on Oct 31, 2014.

Revenue: Revenues grew 19.5% year-over-year to $1.91 billion short of the Zacks Consensus Estimate of $1.95 billion.

Key Stats: The company expects to perform well in 2015. The company expects to generate free cash flow in the range of $550 million to $600 million for 2015.

Stock Price: Shares were up by $0.11 in pre-market trading at the time of writing.

Check back later for our full write up on this Level 3 Communications earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.