Lumen (LUMN) Stock Forecast, Price Target & Predictions
LUMN Stock Forecast
Lumen stock forecast is as follows: an average price target of $5.63 (represents a -3.60% downside from LUMN’s last price of $5.84) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
LUMN Price Target
The average price target for Lumen (LUMN) is $5.63 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $3.15. This represents a potential -3.60% downside from LUMN's last price of $5.84.
LUMN Analyst Ratings
According to 9 Wall Street analysts, Lumen's rating consensus is 'Hold'. The analyst rating breakdown for LUMN stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 5 'Hold' (55.56%), 4 'Sell' (44.44%), and 0 'Strong Sell' (0.00%).
Lumen Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Eric Luebchow | Wells Fargo | $4.00 | $5.71 | -29.95% | -31.51% |
| Aug 07, 2024 | Gregory Williams | Williams Trading | $7.00 | $6.63 | 5.58% | 19.86% |
| Aug 07, 2024 | James Schneider | Goldman Sachs | $4.00 | $6.63 | -39.67% | -31.51% |
| Aug 06, 2024 | Michael Rollins | Citigroup | $3.15 | $2.59 | 21.62% | -46.06% |
| Jul 01, 2024 | James Schneider | Goldman Sachs | $1.00 | $1.10 | -9.09% | -82.88% |
| Feb 08, 2023 | - | Goldman Sachs | $4.00 | $3.88 | 2.96% | -31.51% |
| Feb 08, 2023 | - | Citigroup | $3.50 | $4.99 | -29.86% | -40.07% |
| Feb 01, 2023 | - | Citigroup | $6.25 | $5.42 | 15.42% | 7.02% |
| Dec 06, 2022 | Brett Feldman | Goldman Sachs | $6.00 | $5.20 | 15.38% | 2.74% |
| May 05, 2022 | Gregory Williams | Williams Trading | $12.00 | $10.70 | 12.20% | 105.48% |
The latest Lumen stock forecast, released on Aug 16, 2024 by Eric Luebchow from Wells Fargo, set a price target of $4.00, which represents a -29.95% decrease from the stock price at the time of the forecast ($5.71), and a -31.51% decrease from LUMN last price ($5.84).
Lumen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 5 |
| Avg Price Target | $5.50 | $3.83 | $3.83 |
| Last Closing Price | $5.84 | $5.84 | $5.84 |
| Upside/Downside | -5.82% | -34.42% | -34.42% |
In the current month, the average price target of Lumen stock is $5.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -5.82% decrease as opposed to Lumen's last price of $5.84. This month's average price target is up 43.60% compared to last quarter, and up 43.60% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Wells Fargo | Buy | Underweight | Downgrade |
| Aug 07, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 07, 2024 | MoffettNathanson | Sell | Sell | Hold |
| Aug 07, 2024 | Goldman Sachs | Sell | Neutral | Upgrade |
| Aug 06, 2024 | Citigroup | Neutral | Reduce | Upgrade |
| Jul 01, 2024 | Goldman Sachs | Neutral | Sell | Initialise |
| Sep 05, 2023 | Morgan Stanley | Underweight | Underweight | Hold |
| Jun 06, 2023 | Raymond James | - | Market Perform | Upgrade |
| Feb 08, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
| Feb 01, 2023 | Citigroup | Neutral | Neutral | Hold |
Lumen's last stock rating was published by Wells Fargo on Aug 16, 2024. The company Downgrade its LUMN rating from "Buy" to "Underweight".
Lumen Financial Forecast
Lumen Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $3.64B | $3.66B | $3.74B | $3.80B | $4.39B | - | $4.68B | $4.85B | $4.89B | $4.92B | $5.03B | $5.13B | $5.17B | $5.19B | $5.23B | $5.57B | $5.61B | $5.58B | $5.65B | $5.78B | $5.82B |
| Avg Forecast | $3.07B | $3.10B | $3.13B | $3.15B | $3.20B | $3.22B | $3.25B | $3.38B | $3.45B | $3.61B | $3.67B | $3.73B | $3.78B | $4.41B | $4.58B | $4.67B | $4.86B | $4.90B | $4.99B | $5.06B | $5.12B | $5.14B | $5.14B | $5.43B | $5.55B | $5.54B | $5.59B | $5.71B | $4.88B | $5.82B |
| High Forecast | $3.13B | $3.15B | $3.18B | $3.20B | $3.25B | $3.28B | $3.30B | $3.44B | $3.46B | $3.62B | $3.73B | $3.80B | $3.84B | $4.49B | $4.58B | $4.75B | $4.94B | $4.97B | $5.07B | $5.14B | $5.20B | $5.22B | $5.22B | $5.51B | $5.64B | $5.63B | $5.68B | $5.80B | $5.85B | $6.98B |
| Low Forecast | $3.02B | $3.05B | $3.08B | $3.10B | $3.15B | $3.17B | $3.19B | $3.33B | $3.43B | $3.59B | $3.61B | $3.67B | $3.72B | $4.34B | $4.58B | $4.55B | $4.73B | $4.76B | $4.85B | $4.92B | $4.98B | $5.00B | $5.00B | $5.28B | $5.40B | $5.39B | $5.44B | $5.56B | $3.90B | $4.65B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.00% | 1.01% | 1.00% | - | 1.00% | 1.00% | 1.00% | 0.99% | 0.99% | 1.00% | 1.01% | 1.01% | 0.96% | 1.00% | 1.01% | 1.00% | 0.99% | 1.19% | 1.00% |
Lumen's average Quarter revenue forecast for Dec 23 based on 4 analysts is $3.45B, with a low forecast of $3.43B, and a high forecast of $3.46B. LUMN's average Quarter revenue forecast represents a -5.17% decrease compared to the company's last Quarter revenue of $3.64B (Sep 23).
Lumen EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | $1.47B | $-7.24B | $1.16B | $1.69B | $1.51B | - | $1.91B | $1.79B | $2.06B | $2.10B | $2.17B | $2.02B | $2.08B | $2.09B | $2.04B | $2.04B | $2.14B | $2.22B | $2.19B | $2.13B | $2.20B |
| Avg Forecast | $1.15B | $1.16B | $1.17B | $1.18B | $1.20B | $1.21B | $1.22B | $1.64B | $1.30B | $1.35B | $1.38B | $1.49B | $1.42B | $1.84B | $1.72B | $1.18B | $1.83B | $1.45B | $1.85B | $2.01B | $-271.48M | $1.48B | $1.44B | $1.93B | $2.04B | $2.27B | $2.00B | $-3.20B | $-475.88M | $2.17B |
| High Forecast | $1.17B | $1.18B | $1.20B | $1.20B | $1.22B | $1.23B | $1.24B | $1.96B | $1.30B | $1.36B | $1.40B | $1.79B | $1.44B | $2.20B | $1.72B | $1.41B | $1.85B | $1.74B | $2.23B | $2.41B | $-217.18M | $1.77B | $1.72B | $2.31B | $2.45B | $2.72B | $2.40B | $-2.56B | $-380.70M | $2.61B |
| Low Forecast | $1.14B | $1.14B | $1.16B | $1.16B | $1.18B | $1.19B | $1.20B | $1.31B | $1.29B | $1.35B | $1.35B | $1.19B | $1.40B | $1.47B | $1.72B | $941.28M | $1.78B | $1.16B | $1.48B | $1.61B | $-325.78M | $1.18B | $1.15B | $1.54B | $1.63B | $1.82B | $1.60B | $-3.84B | $-571.05M | $1.74B |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.09% | -5.26% | 0.78% | 1.19% | 0.82% | - | 1.62% | 0.98% | 1.42% | 1.13% | 1.08% | -7.46% | 1.41% | 1.45% | 1.06% | 1.00% | 0.94% | 1.11% | -0.69% | -4.47% | 1.02% |
4 analysts predict LUMN's average Quarter EBITDA for Dec 23 to be $1.30B, with a high of $1.30B and a low of $1.29B. This is -11.82% lower than Lumen's previous annual EBITDA (Sep 23) of $1.47B.
Lumen Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | $-78.00M | $-8.74B | $511.00M | $-3.07B | $578.00M | - | $599.00M | $508.00M | $544.00M | $506.00M | $475.00M | $-2.29B | $366.00M | $377.00M | $314.00M | $223.00M | $302.00M | $371.00M | $-6.17B | $-2.41B | $272.00M |
| Avg Forecast | $-162.89M | $-165.36M | $-144.80M | $-131.63M | $-70.62M | $-86.23M | $-51.95M | $500.11M | $-13.14M | $47.74M | $75.82M | $454.64M | $222.94M | $488.96M | $451.02M | $359.40M | $531.21M | $386.53M | $447.16M | $440.24M | $-1.01B | $259.74M | $259.19M | $296.06M | $223.00M | $320.30M | $335.10M | $-4.57B | $-2.04B | $272.00M |
| High Forecast | $-159.52M | $-161.93M | $-141.80M | $-128.89M | $-69.15M | $189.72M | $-50.87M | $600.13M | $-8.76M | $79.57M | $77.55M | $545.57M | $228.03M | $586.75M | $451.02M | $431.28M | $542.34M | $463.83M | $536.60M | $528.29M | $-805.73M | $311.69M | $311.02M | $355.27M | $267.60M | $384.36M | $402.12M | $-3.65B | $-1.63B | $326.40M |
| Low Forecast | $-166.62M | $-169.13M | $-148.11M | $-134.63M | $-72.23M | $-344.94M | $-53.14M | $400.08M | $-17.51M | $23.87M | $74.24M | $363.71M | $218.31M | $391.16M | $451.02M | $287.52M | $512.62M | $309.22M | $357.73M | $352.20M | $-1.21B | $207.79M | $207.35M | $236.85M | $178.40M | $256.24M | $268.08M | $-5.48B | $-2.44B | $217.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | -1.63% | -115.22% | 1.12% | -13.77% | 1.18% | - | 1.67% | 0.96% | 1.41% | 1.13% | 1.08% | 2.27% | 1.41% | 1.45% | 1.06% | 1.00% | 0.94% | 1.11% | 1.35% | 1.19% | 1.00% |
Lumen's average Quarter net income forecast for Jun 23 is $75.82M, with a range of $74.24M to $77.55M. LUMN's average Quarter net income forecast represents a -85.16% decrease compared to the company's last Quarter net income of $511.00M (Mar 23).
Lumen SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | $791.00M | $790.00M | $721.00M | $671.00M | $792.00M | - | $800.00M | $723.00M | $654.00M | $762.00M | $756.00M | $866.00M | $850.00M | $895.00M | $853.00M | $992.00M | $831.00M | $960.00M | $932.00M | $974.00M | $967.00M |
| Avg Forecast | $538.52M | $542.58M | $548.23M | $551.13M | $560.03M | $564.35M | $568.57M | $667.92M | $604.87M | $632.10M | $642.16M | $607.20M | $661.92M | $587.83M | $801.73M | $480.00M | $851.65M | $464.68M | $673.40M | $700.68M | $381.04M | $603.23M | $615.31M | $804.26M | $992.00M | $881.36M | $867.10M | $690.37M | $821.81M | $967.00M |
| High Forecast | $547.98M | $552.11M | $557.86M | $560.81M | $569.87M | $574.86M | $578.56M | $801.50M | $606.63M | $634.90M | $653.44M | $728.64M | $673.54M | $705.39M | $801.73M | $576.00M | $865.37M | $557.62M | $808.07M | $840.82M | $457.25M | $723.87M | $738.38M | $965.11M | $1.19B | $1.06B | $1.04B | $828.44M | $986.17M | $1.16B |
| Low Forecast | $529.93M | $533.92M | $539.48M | $542.33M | $551.09M | $555.58M | $559.49M | $534.34M | $601.36M | $629.32M | $631.91M | $485.76M | $651.35M | $470.26M | $801.73M | $384.00M | $828.72M | $371.75M | $538.72M | $560.55M | $304.83M | $482.58M | $492.25M | $643.41M | $793.60M | $705.09M | $693.68M | $552.30M | $657.45M | $773.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.25% | 1.23% | 1.19% | 1.01% | 1.35% | - | 1.67% | 0.85% | 1.41% | 1.13% | 1.08% | 2.27% | 1.41% | 1.45% | 1.06% | 1.00% | 0.94% | 1.11% | 1.35% | 1.19% | 1.00% |
Lumen's average Quarter SG&A projection for Dec 23 is $604.87M, based on 4 Wall Street analysts, with a range of $601.36M to $606.63M. The forecast indicates a -23.53% fall compared to LUMN last annual SG&A of $791.00M (Sep 23).
Lumen EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.01 | $0.52 | $-3.08 | $0.57 | - | $0.59 | $0.50 | $0.51 | $0.47 | $0.44 | $-2.12 | $0.34 | $0.35 | $0.29 | $0.21 | $0.28 | $0.35 | $-5.77 | $-2.26 | $0.25 |
| Avg Forecast | $-0.17 | $-0.17 | $-0.15 | $-0.13 | $-0.07 | $-0.09 | $-0.05 | $0.02 | $-0.01 | $0.05 | $0.08 | $0.11 | $0.23 | $0.36 | $0.46 | $0.46 | $0.54 | $0.38 | $0.41 | $0.41 | $0.29 | $0.30 | $0.32 | $0.35 | $0.33 | $0.33 | $0.32 | $0.26 | $0.27 | $0.30 |
| High Forecast | $-0.16 | $-0.16 | $-0.14 | $-0.13 | $-0.07 | $0.19 | $-0.05 | $0.02 | $-0.01 | $0.08 | $0.08 | $0.11 | $0.23 | $0.37 | $0.46 | $0.47 | $0.55 | $0.38 | $0.42 | $0.42 | $0.30 | $0.31 | $0.32 | $0.35 | $0.33 | $0.34 | $0.33 | $0.27 | $0.32 | $0.36 |
| Low Forecast | $-0.17 | $-0.17 | $-0.15 | $-0.14 | $-0.07 | $-0.35 | $-0.05 | $0.02 | $-0.02 | $0.02 | $0.08 | $0.10 | $0.22 | $0.35 | $0.46 | $0.44 | $0.52 | $0.36 | $0.40 | $0.39 | $0.28 | $0.29 | $0.31 | $0.33 | $0.32 | $0.32 | $0.31 | $0.25 | $0.22 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | -1.64% | -0.12% | 4.93% | -13.64% | 1.58% | - | 1.29% | 0.93% | 1.36% | 1.14% | 1.08% | -7.25% | 1.13% | 1.10% | 0.84% | 0.64% | 0.85% | 1.09% | -21.89% | -8.37% | 0.83% |
According to 5 Wall Street analysts, Lumen's projected average Quarter EPS for Jun 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -85.23% decrease compared to LUMN previous annual EPS of $0.52 (Mar 23).
Lumen Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CHTR | Charter Communications | $327.43 | $531.80 | 62.42% | Hold |
| CMCSA | Comcast | $39.61 | $53.88 | 36.03% | Buy |
| T | AT&T | $20.97 | $27.40 | 30.66% | Buy |
| VZ | Verizon Communications | $41.15 | $50.73 | 23.28% | Buy |
| ORAN | Orange | $11.94 | $13.00 | 8.88% | Buy |
| LUMN | Lumen | $5.84 | $5.63 | -3.60% | Hold |
| TMUS | T-Mobile US | $193.00 | $180.38 | -6.54% | Buy |
LUMN Forecast FAQ
Is Lumen a good buy?
No, according to 9 Wall Street analysts, Lumen (LUMN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of LUMN's total ratings.
What is LUMN's price target?
Lumen (LUMN) average price target is $5.63 with a range of $3.15 to $10, implying a -3.60% from its last price of $5.84. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lumen stock go up soon?
According to Wall Street analysts' prediction for LUMN stock, the company can go down by -3.60% (from the last price of $5.84 to the average price target of $5.63), up by 71.23% based on the highest stock price target, and down by -46.06% based on the lowest stock price target.
Can Lumen stock reach $9?
LUMN's highest twelve months analyst stock price target of $10 supports the claim that Lumen can reach $9 in the near future.
What is Lumen's current price target trend?
2 Wall Street analysts forecast a $5.5 price target for Lumen (LUMN) this month, down -5.82% from its last price of $5.84. Compared to the last 3 and 12 months, the average price target decreased by -34.42% and decreased by -34.42%, respectively.
What are Lumen's analysts' financial forecasts?
Lumen's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $13.05B (high $13.28B, low $12.84B), average EBITDA is $5.27B (high $5.66B, low $4.88B), average net income is $291.3M (high $669.82M, low $-70.228M), average SG&A $2.36B (high $2.52B, low $2.2B), and average EPS is $-0.19 (high $0.0923, low $-0.456). LUMN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.45B (high $12.67B, low $12.25B), average EBITDA is $4.67B (high $4.76B, low $4.6B), average net income is $-605M (high $-592M, low $-618M), average SG&A $2.18B (high $2.22B, low $2.15B), and average EPS is $-0.613 (high $-0.6, low $-0.626).
Did the LUMN's actual financial results beat the analysts' financial forecasts?
Based on Lumen's last annual report (Dec 2023), the company's revenue was $3.52B, which missed the average analysts forecast of $14.46B by -75.68%. Apple's EBITDA was $-401M, missing the average prediction of $5.52B by -107.27%. The company's net income was $-1.995B, missing the average estimation of $565.06M by -453.06%. Apple's SG&A was $896M, missing the average forecast of $2.49B by -63.96%. Lastly, the company's EPS was $-2.03, missing the average prediction of $0.217 by -1034.15%. In terms of the last quarterly report (Sep 2023), Lumen's revenue was $3.64B, beating the average analysts' forecast of $3.61B by 0.91%. The company's EBITDA was $1.47B, beating the average prediction of $1.35B by 8.51%. Lumen's net income was $-78M, missing the average estimation of $47.74M by -263.39%. The company's SG&A was $791M, beating the average forecast of $632.1M by 25.14%. Lastly, the company's EPS was $-0.0793, missing the average prediction of $0.0484 by -263.99%