Lumen Technologies Stock News

LUMN reported Q4 and full year 2021 earnings this week, resulting in a big price pullback. It now yields 9.29%, with a 52% payout ratio.

Shares drop as revenue and adjusted EPS miss estimates.

Homebuilders fell on mortgage rate concerns. AFRM dropped after accidently releasing its quarterly results. BRCC rose in its debut. LUMN fell on earnings news. MCRI set a fresh high.

Lumen Technologies (LUMN) has slid 14.4% after profits came up short in its fourth-quarter earnings and it issued an outlook that immediately raised new concerns about the

Lumen Technologies (LUMN) sank 14% after reporting Q4 results that missed Street estimates.Q4 total revenue fell 5.5% Y/Y to $4.85B

Futures Paralyzed Ahead Of Critical CPI Print US index futures are unchanged from Wednesday''s close after some rangebound trades in another illiquid, overnight session, as traders were paralyzed and unwilling to commit capital ahead of today''s critical CPI print which consensus expects to come in at 7.2% YoY headline and 5.9% core, but which may well surprise to the downside (we explained why yesterday ) after beating expectations on 8 of the past 10 occasions. A miss will likely send yields lower and risk sharply higher, especially when considering that the BLS will revise its CPI basket weightings and seasonal adjustments today. On the other hand, an upside surprise could spur additional pricing for a 50bp rate hike at the March meeting, currently priced in the swaps market at around 28%, and as such the 830am CPI print will shape views on how aggressively the Federal Reserve will tighten monetary policy in coming weeks. Contracts on the S&P 500 were flat, and the Nasdaq drifted lower after a broad Wall Street rally on Tuesday, US Treasury yields were lower as was the dollar while bond yields in most of Europe ticked higher, as did bitcoin which briefly rose above $45,000 . “This inflation data will provide investors with more clues on how aggressive the Fed could be at its next policy meeting, sparking volatility in both bond and stock markets,” said Pierre Veyret, a technical analyst at ActivTrades.

Pandemic-induced lower revenues in the Business and Mass Markets segments, along with a reduction in voice revenues, hamper Lumen's (LUMN) fourth-quarter 2021 results.

Pandemic-induced lower revenues in the Business and Mass Markets segments, along with a reduction in voice revenues, hamper Lumen's (LUMN) fourth-quarter 2021 results.

LUMN earnings call for the period ending December 31, 2021.

LUMN earnings call for the period ending December 31, 2021.

Lumen Technologies, Inc.'s (LUMN) CEO Jeff Storey on Q4 2021 Results - Earnings Call Transcript

Lumen (LUMN) is likely to have reported lower year-over-year revenues in the fourth quarter of 2021 owing to a challenging macroeconomic environment in the face of the COVID -19 pandemic.

Ford Motor Co., Hewlett Packard Enterprise, Westlake Chemical, Lumen Technologies and DICK'S Sporting Goods are included in this blog.