1/6/2024 0 Comments Lumen stock price![]() If you dive into the details, 2018 was the last year that positive sales growth of 32.78% was reported. ![]() Lumen Technologies has a trend that you should focus on first and foremost: Weak revenue growth. That’s especially true in a high inflation environment like that which we’re in today. ![]() Companies that increase their dividends over time are considered more attractive than ones that keep their dividends stable. Why is it bad news? High inflation diminishes the value of money earned today. The bad news is that the firm kept the dividend stable at $1 per share. Furthermore, the free cash flow outlook increased to a range of $2.0 billion to $2.2 billion from a previous range of $1.6 billion to $1.8 billion. The Adjusted EBITDA forecast range increased between $6.9 billion to $7.1 billion from a previous range o $6.5 billion to $6.7 billion. Lumens Technologies provided upbeat guidance for 2022, which should be supportive for LUMN stock moving forward. Can Upbeat 2022 Guidance Power LUMN Stock Higher? International and Global Accounts revenue fell by 2% year-over-year and Large Enterprise fell by 7% - the largest decline for all sales channels. On the negative side, all business sales channels showed weak and negative revenue growth. 7 Blue-Chip Stocks to Buy at Fire Sale Prices.On the positive side, net income of $599 million for the first quarter of 2022 was 21% higher year-over-year, and free cash flow excluding cash special items was strong coming in at $846 million compared to $850 million in the first quarter 2021.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |