CenturyLink Inc Stock Buy Recommendation Reiterated (CTL)
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- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Diversified Telecommunication Services industry. The net income increased by 92.8% when compared to the same quarter one year prior, rising from $140.00 million to $270.00 million.
- Net operating cash flow has increased to $1,887.00 million or 29.69% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 9.59%.
- The gross profit margin for CENTURYLINK INC is rather high; currently it is at 57.60%. Regardless of CTL's high profit margin, it has managed to decrease from the same period last year.
- Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- CENTURYLINK INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, CENTURYLINK INC reported lower earnings of $1.29 versus $3.13 in the prior year. This year, the market expects an improvement in earnings ($2.67 versus $1.29).
--Written by a member of TheStreet Ratings Staff. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
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