Earnings Forecast Research on Level 3 Communications, Inc. (LVLT)

Level 3 Communications, Inc. has received $0.44 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $0.41 while the top line estimate is $0.48 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -14.96%.

Level 3 Communications, Inc. results fell short with a surprise EPS of -11.36% or $-0.05. The Actual EPS was $0.39 compared to the Estimated EPS of $0.44 during its most recent quarterly earnings. Broomfield based Level 3 Communications, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 08, 2017.

Level 3 Communications, Inc. has a Price to Earnings ratio of 33.52 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.99. For the Most Recent Fiscal Year, Level 3 Communications, Inc. has a price to cash ratio of 11.46. For the Trailing twelve month period, company showed a Net Profit Margin of 45.64% and Return on Equity of the stock is 6.18%.

In the last quarter, Level 3 Communications, Inc. reported Annual Earnings of $0.39. Based on the filings, last years Annual Earnings was, $1.8. In the last Quarter, LVLT reported a surprise Earnings per Share of -11.36% . The consensus estimate for current quarter is $0.44 and for the current fiscal year, the estimate is $1.59. For the Next fiscal year, the estimate is $1.95 based on the consensus.

Level 3 Communications, Inc. (NYSE:LVLT) : On Tuesday heightened volatility was witnessed in Level 3 Communications, Inc. (NYSE:LVLT) which led to swings in the share price. The stock opened for trading at $59.46 and hit $59.7 on the upside , eventually ending the session at $59.46, with a gain of 0.22% or 0.13 points. The heightened volatility saw the trading volume jump to 1,949,510 shares. The 52-week high of the share price is $59.84 and the company has a market cap of $21,401 million. The 52-week low of the share price is at $41.73 .

Level 3 Communications is an international communications and information services company. The company operates one of the largest Internet backbones in the world, is one of the largest providers of wholesale dial-up service to ISPs in North America and is the primary provider of Internet connectivity for millions of broadband subscribers, through its cable and DSL partners. The company offers a wide range of communications services over its mile broadband fiber optic network including Internet Protocol services, broadband transport and infrastructure services, colocation services, and patented softswitch managed modem and voice services.


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