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What Analysts Expect from CenturyLink’s Q2 2018 Earnings

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CenturyLink’s earnings in Q2 2018

CenturyLink (CTL) is expected to report its second-quarter results on August 8. In this series, we’ll take a look at the expectations for the CenturyLink’s performance for the quarter. Wall Street analysts expect adjusted EPS to be $0.25 compared to $0.18 in the second quarter of 2017 on a pro forma basis.

In the first quarter on an adjusted level, CenturyLink reported EPS of $0.25, which was higher than Wall Street analysts’ estimate of $0.19. Excluding integration-related expenses and special items, the first-quarter profits were $262 million, which was more than the profits of $148 million, or $0.14 per share, in the first quarter of 2017 on a pro forma basis.

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In the first quarter, CenturyLink reported adjusted EBITDA, excluding integration-related expenses and special items, of $2.18 billion, which was unchanged from the first quarter of 2017 on a pro forma basis. Its adjusted EBITDA margin, excluding integration-related expenses and special items, increased to 36.7% in the first quarter from 36% in the first quarter of 2017 on a pro forma basis.

CenturyLink’s peer comparison of EPS in Q1 2018

Verizon’s (VZ) adjusted EPS grew 23.2% YoY (year-over-year) to $1.17 in the first quarter, and AT&T’s (T) adjusted EPS rose 14.9% YoY to $0.85. Windstream Holdings (WIN) reported EPS of -$0.65 in the first quarter, which was below the average analyst estimate of -$0.62.

Check out all the data we’ve added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data, as well as dividend information. Take a look!

In the next part, we’ll take a look at how much revenue growth we can expect from CenturyLink in the second quarter.

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