CenturyLink, Inc. Q3 adjusted earnings Miss Estimates

(RTTNews) - CenturyLink, Inc. (CTL) released a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $302 million, or $0.28 per share. This compares with $272 million, or $0.25 per share, in last year's third quarter.

Excluding items, CenturyLink, Inc. reported adjusted earnings of $328 million or $0.31 per share for the period.

Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.6% to $5.61 billion from $5.82 billion last year.

CenturyLink, Inc. earnings at a glance:

-Earnings (Q3): $328 Mln. vs. $327 Mln. last year. -EPS (Q3): $0.31 vs. $0.30 last year. -Analysts Estimate: $0.33 -Revenue (Q3): $5.61 Bln vs. $5.82 Bln last year.