Lumen Technologies (BSP:L1MN34) Retained Earnings : R$-88,889 Mil (As of Mar. 2024)

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What is Lumen Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lumen Technologies's retained earnings for the quarter that ended in Mar. 2024 was R$-88,889 Mil.

Lumen Technologies's quarterly retained earnings declined from Sep. 2023 (R$-78,273 Mil) to Dec. 2023 (R$-87,741 Mil) and declined from Dec. 2023 (R$-87,741 Mil) to Mar. 2024 (R$-88,889 Mil).

Lumen Technologies's annual retained earnings declined from Dec. 2021 (R$-33,918 Mil) to Dec. 2022 (R$-39,912 Mil) and declined from Dec. 2022 (R$-39,912 Mil) to Dec. 2023 (R$-87,741 Mil).

Lumen Technologies Retained Earnings Historical Data

The historical data trend for Lumen Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lumen Technologies Retained Earnings Chart

Lumen Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-27,968.06

-41,317.09

-33,918.09

-39,912.25

-87,740.72

Lumen Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-36,642.50	-76,547.70	-78,273.46	-87,740.72	-88,889.43

Lumen Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Lumen Technologies (BSP:L1MN34) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Lumen Technologies (BSP:L1MN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumen Technologies Inc (BSP:L1MN34) » Definitions » Retained Earnings

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LUMN:USA LUMN:Mexico 1CYTH:Italy

Address

100 CenturyLink Drive, Monroe, LA, USA, 71203

Website

https://www.lumen.com

With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

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