CenturyLink Reports Third Quarter 2016 Results

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Go back to CenturyLink Reports Third Quarter 2016 Results

UBS Cuts Price Target on CenturyLink (CTL) Following 3Q and Announced Acquisition

November 1, 2016 9:12 AM EDT

UBS maintained a Buy rating on CenturyLink, Inc. (NYSE: CTL), and cut the price target to $31.00 (from $36.00), following the company's 3Q and announced acquisition of LVLT for $66.50/sh. UBS estimates that this deal would finally bring CTL's top line to stability while synergies... More

CenturyLink (CTL) Tops Q3 EPS by 1c

October 31, 2016 6:34 AM EDT

CenturyLink (NYSE: CTL) reported Q3 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Revenue for the quarter came in at $4.38 billion versus the consensus estimate of $4.38 billion.

GUIDANCE:

CenturyLink sees Q4 2016 EPS of $0.53-$0.59, versus the consensus of $0.64. CenturyLink sees Q4... More