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BlueDimeInvestment
Aug 13, 2020 4:57 PM
CenturyLink - PT $26 Next year $36 - Strong buy
Long
NYSE:CTL
1D
Description
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Aug 13, 2020 4:57 PM
We think that CenturyLink is undervalued.
CenturyLink (NYSE:CTL): Q2 Non-GAAP EPS of $0.42 beats by $0.10; GAAP EPS of $0.35 beats by $0.07.
Revenue of 5.19B (-3.5% Y/Y) beats by 50M.
Q2 adjusted EBITDA of 2.1B vs. a consensus of 2.18B.
CenturyLink Reports Second Quarter 2020 Results
seekingalpha.com/pr/17960914-centurylink-reports-second-quarter-2020-results
The Revenue was actually pretty good, when you compare it to other companies where the revenue dropped more than 60%.
First price target:
$26
Second price target:
$36
Trend Analysis
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