|Bid||22.52 x 1000|
|Ask||22.53 x 4000|
|Day's Range||21.93 - 22.55|
|52 Week Range||13.16 - 22.55|
|PE Ratio (TTM)||12.73|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||2.16 (11.65%)|
|1y Target Est||20.76|
As of August 13, AT&T (T) was the largest US telecommunications player by market capitalization at ~$233.9 billion. It was followed by Verizon (VZ) at ~$215.8 billion. In the US wireline space, CenturyLink (CTL) had a market capitalization of ~$23.6 billion, as you can see in the chart below. That metric for Windstream Holdings (WIN) and Frontier Communication (FTR) was ~$0.2 billion and ~$0.5 billion, respectively.
Investing - Food distributor Sysco (NYSE:SYY) jumped in midday trading on strong quarterly numbers, while shares of Netflix (NASDAQ:NFLX) took a hit on news of a departing senior executive.
CenturyLink (NYSE:CTL), which is a global telecom and IT provider, has been showing some nice momentum lately. Note that on Friday, the stock price surged 13% to $20.97 per share, and it’s jumping nearly 3% today. CTL stock is up about 40% year-to-date.
The regional telco's stock is at its highest levels since last summer, and improving cost controls make the current 10.1% yield surprisingly sustainable in the near term.
(Reuters) - Dish Network Corp's chief financial officer, Steven Swain, is leaving the U.S. satellite TV provider to become the finance chief at Brookdale Senior Living. Swain, who has been the CFO of Dish ...
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Shares of CenturyLink were in full speed on Thursday after reporting an impressive second quarter and boosted guidance moving forward. Shares of Dropbox initially were in the green but tumbled in after-hours trading after the company said it would advance its lock-up expiration date by several days. The company also lost its COO.
Investing.com - The S&P 500's march toward all-time highs was stalled by falling energy stocks and trade-war concerns, which offset upbeat corporate earnings.
CenturyLink (NYSE:CTL) stock was soaring on Thursday as the company reported its latest quarterly earnings results early in the day, which were stronger than what analysts were calling for in the earnings front, while its outlook was ahead of the mark. The Monroe, Louisana-based telecommunications company said that for its second quarter of fiscal 2018, it brought in net income of $292 million, or 27 cents per share. Analysts were calling for CenturyLink to bring in earnings of 18 cents per share for the period, according to data from analysts polled by FactSet.
Company executives discussed the results on a call with analysts after the bell on Wednesday. Matthew Dolgin, a Morningstar analyst, noted the revised guidance “provides reassurance that the firm is reaping the benefits from the Level 3 acquisition.” CenturyLink bought Level 3 Communications last November in a cash and stock deal valued at about $34 billion, according to FactSet. “As our results demonstrate, we remain committed to and confident in our ability to maintain the dividend,” says CenturyLink CEO Jeff Storey.
U.S. stocks were set to open slightly higher on Thursday, with the S&P 500 aiming at a fresh record as strong earnings helped weather the impact of trade tensions. Of the 440 companies in the S&P 500 that have reported so far, 78.6 percent have beaten analysts' expectations, according to Thomson Reuters I/B/E/S.
CenturyLink (CTL) delivered earnings and revenue surprises of 13.04% and 1.85%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
CenturyLink Inc. (ctl) shares advanced more than 4% in the extended session Wednesday after the telecommunications company reported earnings above expectations and raised its 2018 guidance. CenturyLink said it earned $292 million, or 27 cents a share, in the quarter, compared with $69 million, or 6 cents a share, in the year-ago period. CenturyLink also raised its outlook for the year, predicting adjusted profits between $9 billion and $9.15 billion for 2018, compared with a previous outlook of profit between $8.75 billion and $8.95 billion.
On a per-share basis, the Monroe, Louisiana-based company said it had net income of 27 cents. Earnings, adjusted for non-recurring gains, were 26 cents per share. The results surpassed Wall Street expectations. ...
Second Quarter Highlights - Raised full year 2018 outlook for Adjusted EBITDA to $9.00 to $9.15 billion from $8.75 to $8.95 billion , and Free Cash Flow to $3.60 to $3.80 billion from $3.15 to $3.35 billion ...
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / CenturyLink, Inc. (NYSE: CTL ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 5:00 PM Eastern Time. To ...
Clear, the biometrics company you've probably seen at airports and at a few other prominent queues, is rolling out the capability to simultaneously verify your ID and pay for an alcoholic drink with your fingerprint. It's only at Seattle's CenturyLink and Safeco Fields (and only a handful of concessions stands at those) but if it's successful you can bet we'll be seeing more of it. It can be quite a melee or a considerable wait getting into both venues (I'm a local) so this will almost certainly be embraced by the Clear-privileged among Seattle sports fans.
AT&T (T) was the largest US telecom player as of August 1, with a market capitalization of ~$233.7 billion, followed by Verizon (VZ) at ~$213.7 billion. In the US wireline space, Frontier Communications (FTR) had a market capitalization of ~$0.4 billion, and CenturyLink (CTL) and Windstream (WIN) had market caps of ~$20.0 billion and ~$0.1 billion, respectively.
Despite expectations of higher revenues, CenturyLink (CTL) is likely to record bottom-line contraction in second-quarter 2018 on competitive pressures and price wars.
Gainey McKenna & Egleston announces it has filed a derivative action on behalf of current stockholders of CenturyLink, Inc. (“CenturyLink” or the “Company”) because of alleged breaches of fiduciary duty by its board of directors (the “Board”). The new action was filed in the Western District of Louisiana, Case No. 3-18-cv-870. A prior derivative action filed by Gainey McKenna & Egleston on behalf of CenturyLink and against its directors was voluntarily dismissed to allow for a demand upon the Board to take certain requested actions. That voluntarily dismissed action was also filed in the Western District of Louisiana, Case No. 3-17-cv-1177.