CenturyLink, Inc. Profit Rises 3% In Q1

(RTTNews) - CenturyLink, Inc. (CTL) revealed earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line totaled $386 million, or $0.71 per share. This was up from $375 million, or $0.67 per share, in last year's first quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $4.40 billion. This was down from $4.45 billion last year.

CenturyLink, Inc. earnings at a glance:

-Earnings (Q1): $386 Mln. vs. $375 Mln. last year. -Earnings Growth (Y-o-Y): 2.9% -EPS (Q1): $0.71 vs. $0.67 last year. -EPS Growth (Y-o-Y): 6.0% -Analysts Estimate: $0.68 -Revenue (Q1): $4.40 Bln vs. $4.45 Bln last year. -Revenue Change (Y-o-Y): -1.1%

-Guidance: Next quarter EPS guidance: $0.57 - $0.62 Next quarter revenue guidance: $4.38 - $4.43 Bln