CenturyLink, Inc. Q2 Income Rises 11%

(RTTNews) - CenturyLink, Inc. (CTL) released earnings for its second quarter that climbed from last year.

The company said its bottom line totaled $342 million, or $0.63 per share. This was higher than $308 million, or $0.55 per share, in last year's second quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.5% to $4.40 billion. This was down from $4.42 billion last year.

CenturyLink, Inc. earnings at a glance:

-Earnings (Q2): $342 Mln. vs. $308 Mln. last year. -Earnings Growth (Y-o-Y): 11.0% -EPS (Q2): $0.63 vs. $0.55 last year. -EPS Growth (Y-o-Y): 14.5% -Analysts Estimate: $0.60 -Revenue (Q2): $4.40 Bln vs. $4.42 Bln last year. -Revenue Change (Y-o-Y): -0.5%

-Guidance: Next quarter EPS guidance: $0.52 - $0.57 Next quarter revenue guidance: $4.35 - $4.40 Bln