CenturyLink Q4 Profit Rises; Issues Q1, FY14 Outlook - Quick Facts

(RTTNews) - CenturyLink, Inc. (CTL) Wednesday reported fourth-quarter net income of $239 million or $0.41 per share, compared to net income of $233 million or $0.37 per share last year.

Excluding items, adjusted earnings for the quarter were $396 million or $0.68 per share, compared with $415 million or $0.67 per share a year ago.

Revenues for the quarter were $4.54 billion, compared with $4.58 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.59 per share on revenues of $4.52 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the first quarter, the company expects adjusted earnings of $0.58 to $0.63 per share on revenues of $4.46 billion to $4.51 billion. Analysts expect earnings of $0.68 per share on revenues of $4.46 billion.

For fiscal year 2014, the company expects adjusted earnings of $2.40 to $2.60 per share on revenues of $17.90 to $18.10 billion. Analysts expect earnings of $2.66 per share on revenues of $17.92 billion.