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Lumen (LUMN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Lumen (LUMN - Free Report) reported revenue of $2.81 billion, down 9.3% over the same period last year. EPS came in at -$0.07, compared to -$0.03 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.75 billion, representing a surprise of +2.04%. The company delivered an EPS surprise of +53.33%, with the consensus EPS estimate being -$0.15.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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 the two-analyst average estimate of $2.39 billion. The reported number represents a year-over-year change of -1.9%.
  • Operating Revenues- Mass Markets Segment by Product Category- Voice and Other: $152 million compared to the $154.92 million average estimate based on two analysts. The reported number represents a change of +8.6% year over year.
  • Operating Revenues- Mass Markets Segment by Product Category- Other Broadband: $192 million compared to the $201.03 million average estimate based on two analysts. The reported number represents a change of -21.6% year over year.
  • Operating Revenues- Total Mass Markets Segment Revenue: $361 million versus $361.81 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -40% change.

View all Key Company Metrics for Lumen here>>>

Shares of Lumen have returned -0.5% over the past month versus the Zacks S&P 500 composite's +1.7% 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.

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