|Bid||33.05 x 3700|
|Ask||33.06 x 7200|
|Day's Range||32.47 - 33.70|
|52 Week Range||32.47 - 40.40|
|PE Ratio (TTM)||6.96|
|Forward Dividend & Yield||2.00 (5.69%)|
|1y Target Est||N/A|
Verizon Communications (VZ) reported its 1Q18 results on April 24. Verizon’s earnings beat the consensus Wall Street estimate by ~5.4%, and its adjusted EPS (earnings per share) rose ~23.2% YoY (year-over-year) to reach $1.17 in 1Q18.
Inc.’s adjusted operating income fell in its latest quarter, dropping across CNN parent Turner, HBO and Warner Bros., as rising expenses offset higher revenue in some segments. The metric fell 25% for Warner Bros., as the company said “the mix and timing of releases” hurt revenue from its theatrical and television divisions. Revenue at Turner climbed 8.3% as advertising and subscription revenues increased.
Shares of T-Mobile (TMUS) have climbed 5% over the last four weeks in a sign that investors might expect strong quarterly results from the wireless carrier. Now, as we approach the release of its Q1 earnings report, let's take a look to see if T-Mobile is a stock investors might want to buy.
AT&T (T) shares are down sharply, falling 2.38, or 6.8%, to $32.82 today amid investor displeasure with the company’s earnings report yesterday. The report showed weaker than expected margins in the company’s wireless business and greater than expected subscriber losses in its satellite TV operations. The dividend yield on AT&T shares has moved above 6% today as the stock approaches a 52-week low reached last November.
Another is Ceridian HCM Holding (CDAY), which started on the New York Stock Exchange at $28.90, above the $22 IPO price, and is now up $8.03, or 37%, at $30.03. Ceridian is yet another offering in the “human capital management” market where Workday (WDAY) and others play. Facebook’s Comeback Shares of Facebook (FB) are up $14.54, over 9%, at $174.23, after it beat Q1 revenue and profit expectations yesterday afternoon, and added $9 billion to its buyback authorization.
Shares of AT&T Inc. are down 7% in Thursday trading, putting the stock on pace for its worst single-day percentage drop since November 2008, when the stock also closed down 7%. AT&T missed both earnings and revenue expectations when the company reported March-quarter results Wednesday afternoon. "AT&T's proactive wireless promotions and steeper than expected declines in entertainment and internet profits weighed on the carrier's 1Q results," wrote Barclays analyst Amir Rozwadowski, who rates the stock at equal weight with a $40 target.
As the government’s lawsuit to block AT&T from acquiring Time Warner enters its final stages, Time Warner’s future hangs in the balance. Yet Time Warner investors have reason to be optimistic even if the ...
In 1Q18, Verizon’s (VZ) digital media and advertising subsidiary, Oath, posted gross revenues of $1.9 billion—excluding the impact of the revenue recognition standard. As expected, Oath’s gross revenues decreased sequentially by 13% from fourth-quarter 2017 levels of $2.2 billion due to seasonally lower display advertising performance. Verizon’s Oath business represents future growth plans, including advertising aspirations.
Among the companies with shares expected to trade actively in Thursday's session are Facebook, Qualcomm, AT&T, Ford, General Motors, Chipotle and Visa.
Verizon’s (VZ) FiOS is a fiber-optic network service that provides Internet, video, and voice services to users. FiOS customers have been contributing significantly to the company’s wireline segment revenues, which declined 1.6% to $7.6 billion in 1Q18. Total wireline revenues, excluding the impact of the revenue recognition standard, decreased 1.8% YoY in 1Q18. Verizon’s weak FiOS video customers
Yahoo Finance’s Alexis Christoforous and Santosh Rao of Manhattan Venture Partners talk about earnings for some top tech companies.