CenturyLink Q2 Adj. Profit Tops View - Quick Facts

(RTTNews) - CenturyLink Inc. (CTL) reported that its second-quarter net income was $193 million, or $0.34 per share, compared to $269 million, or $0.44 per share in the prior year period.

Adjusted net income for latest second quarter was $408 million or $0.72 per share, compared to $417 million or $0.69 per share in the comparable quarter last year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.64 for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $4.54 billion from $4.53 billion, while 12 analysts expected revenue of $4.50 billion for the quarter.

The company expects third-quarter adjusted earnings in the range of $0.58 to $0.63 per share, operating revenues in the range of $4.47 billion to $4.52 billion and core revenues in the order of $4.06 billion to $4.11 billion. Analysts expect the company to report third-quarter profit per share of $0.62 on revenue of $4.50 billion.