This provider of integrated communications services has seen a mixed track record when it comes to estimate revisions of 7 increases and 1 decrease over the last 60 days.
Meanwhile, the Zacks Consensus Estimate has moved considerably higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Level 3 Communications currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Investors interested in the Communications Services industry may also consider stocks like Singapore Telecommunications Limited (SGAPY), BT Group plc (BT) and TalkTalk Telecom Group PLC (TKTCY). While Singapore Telecommunications sports a Zacks Rank #1 (Strong Buy), BT Group and TalkTalk Telecom Group hold the same Zacks Rank as LVLT.
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