CenturyLink Profit Surges - Quick Facts

(RTTNews) - CenturyLink, Inc. (CTL) Wednesday reported second-quarter net income of $269 million or $0.44 per share, compared with $74 million or $0.12 per share last year.

Excluding items, adjusted earnings for the quarter were $417 million or $0.69 per share, compared with $403 million or $0.65 per share a year ago.

Revenues for the quarter were $4.53 billion, compared with $4.61 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.67 per share on revenues of $4.52 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the third quarter, the company expects adjusted earnings of $0.59 to $0.64 per share on revenues of $4.50 billion to $4.55 billion. Analysts expect earnings of $0.65 per share on revenues of $4.52 billion.

For fiscal year 2013, the company now estimates adjusted earnings of $2.63 to $2.73 per share on revenues of $18.05 to $18.20 billion. It earlier expected adjusted earnings of $2.60 to $2.75 per share on revenues of $18.1 to $18.3 billion. Analysts expect earnings of $2.74 per share on revenues of $18.12 billion.