What is LEK turnaround time from first phone interviews? Interviewed Thursday was told to hear back Monday, haven’t heard back yet...

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It's usually next day. Very odd that you haven't heard. I would email the recruiter tomorrow

Odd or..

Unfortunately it’s not a good sign. Typically those that move on to next round will find out in a couple days. Everyone else will be put on a back up list that they may come back to later. Because they might come back to you they often don’t send rejection emails until the candidates have been offered.
Sorry OP. I do have friends who have reapplied months later and got through the process

Is this a standard practice at LEK? How do they notify decision usually? In the same boat..

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