|Bid||8.5700 x 15100|
|Ask||8.5800 x 8700|
|Day's Range||8.5500 - 8.7100|
|52 Week Range||5.5500 - 9.6500|
|PE Ratio (TTM)||-28.42|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The Dallas, Texas-based company, which has suffered slowing growth amid intensified competition from T-Mobile US, Inc. (NASDAQ:TMUS) and Sprint Corporation (NYSE:S), posted adjusted second-quarter earnings were 79 cents per share, up from 72 cents a year ago, with revenue falling 1.7% to $39.8 billion. Despite the overall inline revenue, it’s encouraging that AT&T was still able to meet expectations even as it continues to scale back in legacy wirelines and consumer mobility business.
AT&T, T-Mobile, and Sprint are gaining in key areas, according to a new report.
VZ stock is down just over 3% in the past month, extending a 20% decline since early January. The first two both posted strong quarters. In some industries, that strength might read well across to Verizon earnings, and boost the chance of a beat that will spike VZ stock. Sprint Corp (NYSE:S) has become extremely aggressive in its promotional efforts, and directly targeted Verizon in the process.