For the quarter ended March 2026, Lumen (LUMN) reported revenue of $2.9 billion, down 8.9% over the same period last year. EPS came in at -$0.47, compared to -$0.13 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.84 billion, representing a surprise of +2.07%. The company delivered an EPS surprise of -754.55%, with the consensus EPS estimate being -$0.06.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lumen performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Operating Revenues- Total Business Segment Revenue: $2.44 billion versus $2.42 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.2% change.
- Operating Revenues- Total Mass Markets Segment Revenue: $455 million versus the two-analyst average estimate of $422.03 million. The reported number represents a year-over-year change of -30.9%.
- Operating Revenues- Mass Markets Segment by Product Category- Voice and Other: $158 million versus $164.84 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -17.7% change.
- Operating Revenues- Mass Markets Segment by Product Category- Other Broadband: $205 million compared to the $210.99 million average estimate based on two analysts. The reported number represents a change of -20.2% year over year.
- Operating Revenues- Mass Markets Segment by Product Category- Fiber Broadband: $92 million versus the two-analyst average estimate of $46.19 million. The reported number represents a year-over-year change of -56%.
View all Key Company Metrics for Lumen here>>>
Shares of Lumen have returned +35.5% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
