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Lumen Technologies (LUMN) Tops Q1 EPS by 4c

May 5, 2021 4:27 PM EDT

Lumen Technologies (NYSE: LUMN) reported Q1 EPS of $0.44, $0.04 better than the analyst estimate of $0.40. Revenue for the quarter came in at $5.03 billion versus the consensus estimate of $5.06 billion.

2021 Outlook:

The company reiterated its full-year 2021 financial outlook detailed below.

2021 Metric (1)(2)

2021 Outlook

Adjusted EBITDA (excluding Special Items)

$8.4 to $8.6 billion

Free Cash Flow (excluding Special Items)(3)

$2.8 to $3.0 billion

Net Cash Interest

$1.525 to $1.575 billion

GAAP Interest Expense

$1.550 billion

Dividends (4)

$1.1 billion

Capital Expenditures

$3.5 to $3.8 billion

Depreciation and Amortization

$4.2 to $4.4 billion

Share-based Compensation Expenses

~$200 million

Cash Income Taxes

$100 million

Full Year Effective Income Tax Rate

27%

For earnings history and earnings-related data on Lumen Technologies (LUMN) click here.



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