Verizon Vs. AT&T: Wireless Giants Brace For Q3 Earnings Face-Off
Portfolio Pulse from Surbhi Jain
Verizon and AT&T are set to release their Q3 earnings, with Verizon expected to report $1.18 EPS and $33.43 billion in revenue, and AT&T expected to report 57 cents EPS and $30.44 billion in revenue. Both companies have shown significant stock recoveries this year. Verizon's recent spectrum acquisition and wireless tower deals may boost its growth, while AT&T's strong labor agreements and stock momentum are noteworthy.
October 21, 2024 | 5:45 pm
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POSITIVE IMPACT
AT&T is set to report Q3 earnings with 57 cents EPS and $30.44 billion in revenue. The stock has surged 26.23% YTD, supported by bullish technical indicators. Recent labor agreements ensure operational stability, which is key for future performance.
AT&T's strong stock performance and labor agreements provide a stable foundation. The upcoming earnings report will be pivotal in determining if the stock can continue its upward trajectory.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Verizon is expected to report Q3 earnings with $1.18 EPS and $33.43 billion in revenue. The company has shown a 12.67% YTD stock gain and is supported by bullish technical indicators. Recent spectrum acquisitions and wireless tower deals may enhance future growth.
Verizon's technical indicators are positive, and its strategic moves in spectrum and wireless towers suggest potential for future growth. The upcoming earnings report will be crucial in maintaining its stock momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90