Centurylink (NYSE:CTL) posted its quarterly earnings results on Wednesday. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.14), Bloomberg Earnings reports. Centurylink had a return on equity of 7.99% and a net margin of 1.89%. During the same quarter in the previous year, the firm earned $0.54 EPS.
Shares of Centurylink (NYSE CTL) traded up $1.00 on Thursday, hitting $18.58. 6,563,073 shares of the stock were exchanged, compared to its average volume of 12,001,796. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.82 and a current ratio of 0.82. Centurylink has a fifty-two week low of $13.16 and a fifty-two week high of $27.61. The stock has a market cap of $19,980.00, a PE ratio of 32.03, a price-to-earnings-growth ratio of -7.50 and a beta of 0.82.
In other Centurylink news, CEO Glen F. Post III acquired 50,000 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was acquired at an average cost of $14.17 per share, with a total value of $708,500.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, COO Jeffrey K. Storey acquired 71,000 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were acquired at an average cost of $14.30 per share, with a total value of $1,015,300.00. Following the completion of the purchase, the chief operating officer now owns 2,498,668 shares in the company, valued at $35,730,952.40. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 150,595 shares of company stock valued at $2,154,131. Corporate insiders own 0.61% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Centurylink (CTL) Issues Quarterly Earnings Results, Misses Estimates By $0.14 EPS” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/15/centurylink-ctl-issues-quarterly-earnings-results-misses-estimates-by-0-14-eps.html.
CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include Enterprise, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and Consumer, which provides strategic and legacy products and services to residential customers.
Receive News & Ratings for Centurylink Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centurylink and related companies with MarketBeat.com's FREE daily email newsletter.