LUMNNYSETelephone Communications (No Radiotelephone)

Lumen Technologies, Inc. (LUMN) earnings date, market-implied expected move, and options open interest by expiry

4.75

pre 4.76 −1.45%

Pre-market16:48 ETdelayed

Open4.81Volume12.5MMkt cap$5.0BEPS-1.03

Day4.68 – 4.9038%52-wk4.25 – 11.957%

LUMN

Lumen Technologies, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

News

Next report

Last report

−9.39%

vs ±12.1% implied · ×0.77

shaded = implied · ▲▼ = realized

Aug 4 '26 · confirmed

Implied vs realized

Linked news

35dAKAM · supplierAkamai Welcomes SoftServe to Partner Connect Program
43dRNG · customerRingCentral Sees AI Driving Upsell, Growth and Stronger Customer Retention

News

Largest filed tie

13F top-10 QoQ

+4.31%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

622 managers

Top fund weight

0.23%

LUMN weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

No upcoming report date for Lumen Technologies (LUMN). No implied move. 3 of the last 8 reports moved at least as far as the implied move.

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±14.3%
avg realized: ±10.2%

Nov 5 '24Nov 5 '24confirmed±15.2%▲+18.53%×1.22

Feb 4 '25Feb 4 '25confirmed±18.6%▼−1.39%×0.07

May 1 '25May 1 '25confirmed±17.4%▲+7.39%×0.42

Jul 31 '25Jul 31 '25confirmed±11.1%▼−16.63%×1.50

Oct 30 '25Oct 30 '25confirmed±17.7%▼−0.58%×0.03

Feb 3 '26Feb 3 '26confirmed±11.0%▼−21.63%×1.97

Q1 FY26May 5 '26confirmed±11.7%▲+6.28%×0.54

Q2 FY26Aug 4 '26confirmed±12.1%▼−9.39%×0.77

quarterimplied−25%0+25%realized×

Q2 FY26±12.1%▼−9.39%×0.77

Q1 FY26±11.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Nov 2 close

0.25OI · 8 expiries · Nov 2 closeP/C open interest · Nov 6 · nearest expiry

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1,413+11%Nov 62d5,669+13%

2,411+1%Nov 139d1.062,269+6%1.06

15,3240%Nov 2016d1.579,783+1%1.57

5480%Nov 2723d0.252,208+4%0.25

49+9%Dec 430d0.031,493+14%0.03

3 later expiries

84,5570%Dec 1844d1.3065,222+3%1.30

39,2120%Jan 1572d0.43

ExpiryPutsCallsP/C

Nov 62d1,413+11%5,669+13%0.25

Nov 139d2,411+1%2,269+6%1.06

Nov 2016d15,3240%9,783+1%1.57

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

−7.17%as filednet margin · revenue −3.24% QoQ · −9.28% YoY

Revenue$2.8B−3.24%

Gross profit$1.4B49.55%−5.05%

Operating income−$88M−3.14%−114.62%

Pre-tax income−$255M−244.07%

Net income−$201M−7.17%−0.50%

Cost of revenue$1.4B−1.39%

Operating expenses$1.5B+71.46%

Tax−$54M−114.32%

Other expense−$167M+60.71%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:45 ET

Intraday

Event sensitivity

NFP ×1.05· ±3.9% vs ±3.7% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.9%5 of 10×1.05

FOMCrate decision±3.3%12 of 24×0.90

CPROFcorporate profits±2.9%8 of 12×0.80

CPIconsumer prices±2.8%5 of 11×0.77

PPIproducer prices±2.5%8 of 11×0.69

PCEpersonal income & outlays±2.5%10 of 20×0.69

GDPgross domestic product±2.5%10 of 20×0.69

Bar = avg |move| to ±4% · tick = ±3.7% avg day · ×base = |move| ÷ ±3.7% · min 6 releases

Earnings history

EPS -0.20 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 4 '26 · confirmed	-0.20	—
Q1 FY26	May 5 '26 · confirmed	-0.20	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod