CenturyLink’s Revenue Outlook
CenturyLink’s (CTL) pro forma top line has been declining over the past few quarters. Analysts expect CenturyLink’s revenue to fall ~3.6% YoY (year-over-year) from $6.0 billion to $5.8 billion in the fourth quarter. CenturyLink’s net revenue fell ~2.5% YoY from $18.1 billion to $17.7 billion in the first nine months of 2018, and ~3.6% YoY from $6.0 billion to $5.8 billion in the third quarter.