Lumen Technologies Q2 Earnings Review: Transformation Affirmed (NYSE:LUMN)

At the end of July, trading volume in shares of Lumen Technologies (NYSE:LUMN) surged into the hundreds of millions. Buyers accumulated LUMN stock throughout the last month, starting at around $1.00. In the absence of any news, the stock earned a seven-day winning streak alertGLW

Metric

Current Outlook

Previous Outlook

Adjusted EBITDA

$3.9 to $4.0 billion

$4.1 to $4.3 billion

Free Cash Flow

$1.0 to $1.2 billion

$100 to $300 million

Net Cash Interest

$1.15 to $1.25 billion

$1.25 to $1.35 billion

Capital Expenditures

$3.1 to $3.3 billion

$2.7 to $2.9 billion

Cash Income Taxes/(Refund)

($200) to ($300) million

($200) to ($300) million

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