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What’s Expected for CenturyLink’s Fourth-Quarter Earnings

What’s Expected for CenturyLink’s Fourth-Quarter Earnings

CenturyLink’s (CTL) pro forma, non-GAAP EPS are expected to rise ~175% YoY (year-over-year) from $0.12 to $0.33 in the fourth quarter, and ~77.8% YoY from $0.63 to $1.12 in 2018. In the first nine months of 2018, CenturyLink’s adjusted EPS grew ~58.8% YoY from $0.51 to $0.81. The telecom company’s adjusted EPS rose ~57.9% YoY from $0.19 to $0.30 in the third quarter.