Level 3 Communications Earnings Preview (LVLT)

Reporting tommorow before the bell Level 3 Communications Inc. LVLT will release its quarterly earnings and is anticipated have a losing quarter. Wall Strett consensus earnings per share estimates going into the print are a loss of 0.10 EPS. The high estimate is a loss of 0.11 and the highest analyst rating calls for a loss of 0.08. On the revenue front, the Street is looking for 922.62 million. In the year ago quarter, Level 3 Communications posted revenue of 910 million. Level 3 has been all over the board in the past few quarters as far as expectations go. This past quarter they suprises the Street with a 70% beat of EPS. Conversely, a year ago they missed estimates by 27.30%.