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Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
Verizon to Sell Tumblr to Focus on Premium Original Content
by Zacks Equity Research
Verizon (VZ) is increasingly focusing on video streaming content and put Tumblr on the chopping block as it lost its relevance among netizens, leading to mass exodus of users.
Ubiquiti (UBNT) Q4 Earnings Miss Estimates, Revenues Up Y/Y
by Zacks Equity Research
Top-line growth on a year-over-year basis, backed by higher sales at Enterprise Technology business, supports Ubiquiti's (UBNT) fiscal fourth-quarter earnings.
Telecom ETFs in Focus on Mixed Q2 Earnings Results
by Sweta Jaiswal, FRM
With 5G technology opening up opportunities in the telecom sector, we study the impact of a few big earnings releases on ETFs with decent exposure.
Top Ranked Income Stocks to Buy for August 9th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 9th
CenturyLink (CTL) Q2 Earnings Beat, Revenues Decline Y/Y
by Zacks Equity Research
Despite lower operating revenues on a year-over-year basis, CenturyLink (CTL) surpasses second-quarter earnings estimates on the back of its cost-transformation and de-leveraging efforts.
Telecom Stock Roundup: Verizon, Qualcomm Trump Earnings Estimates & More
by Supriyo Bose
Driven by strength in wireless business, Verizon (VZ) beats on second-quarter 2019 estimates, while Qualcomm (QCOM) surpasses third-quarter fiscal 2019 earnings estimates despite trade woes.
Frontier (FTR) Beats Q2 Earnings Estimates, Lowers Guidance
by Zacks Equity Research
Despite secular decline in business and higher operating costs due to soft industry conditions, Frontier (FTR) exceeds second-quarter 2019 earnings and revenue estimates.
AT&T Invests in Illinois Infrastructure to Boost Network
by Zacks Equity Research
Building on its planned investments in Illinois, AT&T (T) continues to meet the connectivity needs of customers by enhancing speed, reliability and overall network performance.
What to Expect from VZ Stock After Verizon's Q2 Earnings Beat
by Mitchell Moore
Verizon (VZ) reported its Q2 earnings results before the market opened on Thursday, August 1. Earnings beat expectations by a small amount, and the stock is up 0.3% since the announcement.
Top Stock Reports: Mastercard, Verizon, Coca-Cola & More
by Kalyan Nandy
Today's Research Daily features updated research reports on 16 major stocks, including Mastercard (MA), Verizon (VZ) and Coca-Cola (KO).
Stock Market News for Aug 02, 2019
by Zacks Equity Research
Benchmarks closed lower on Thursday after President Trump announced plans to impose additional tariffs on imports from China.
Verizon (VZ) Q2 Earnings Surpass Estimates, Revenues Lag
by Zacks Equity Research
With industry-leading wireless products and services, Verizon (VZ) records healthy improvement in adjusted earnings in second-quarter 2019.
Verizon Communications (VZ) Tops Q2 Earnings Estimates
by Zacks Equity Research
Verizon (VZ) delivered earnings and revenue surprises of 2.50% and -1.00%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
What's in Store for Mettler-Toledo's (MTD) Q2 Earnings?
by Zacks Equity Research
Mettler-Toledo International's (MTD) Q2 results are likely to benefit from strength in revenue segments. However, sluggish Retail segment might hamper the to-be-reported quarter's earnings.
Should You Buy Verizon (VZ) Ahead of Earnings?
by Zacks Equity Research
Verizon (VZ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Will Wireline Revenue Woes Dent Verizon's (VZ) Q2 Earnings?
by Zacks Equity Research
Secular pressure from legacy technologies and significant infrastructure investments are likely to weigh on Wireline margins and strain Verizon's (VZ) bottom line in the second quarter.
Healthy Wireless Traction to Aid Verizon (VZ) Q2 Earnings
by Zacks Equity Research
Verizon (VZ) anticipates healthy improvement in the Wireless segment margin in Q2 on the back of a solid fiber-optic network and increased 5G deployment across select U.S. cities.
DoJ Okays T-Mobile /Sprint Merger: Winners & Losers
by Zacks Equity Research
As per the terms of the deal, T-Mobile will absorb the Sprint brand, with the latter's subscribers now becoming customers of the former.
Can Higher Wireless Revenues Buoy Verizon (VZ) Q2 Earnings?
by Zacks Equity Research
A robust fiber network and increased 5G deployment are likely to propel Wireless revenues of Verizon Communications (VZ) in second-quarter 2019.
Sony (SNE) to Report Q1 Earnings: Disappointment in Store?
by Zacks Equity Research
Increased traction from strategic collaborations and technology buyouts is likely to translate into higher revenues for Sony (SNE) in first-quarter fiscal 2019.
Verizon Communications (VZ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
by Zacks Equity Research
Verizon (VZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Telecom Stock Roundup: AT&T Q2 Earnings Match, Verizon's 5G Device & More
by Supriyo Bose
Adjusted earnings of AT&T (T) for second-quarter 2019 match estimates, while Verizon (VZ) launches its fifth 5G-enabled device in the United States.
Apple (AAPL) to Report Q3 Earnings: What's in the Offing?
by Zacks Equity Research
Apple's (AAPL) third-quarter fiscal 2019 earnings are expected to benefit from strength in Services, as iPhone sales are estimated to decline due to lackluster demand.
Will Decline in Revenues Dent Nokia's (NOK) Q2 Earnings?
by Zacks Equity Research
Nokia (NOK) is likely to report lower revenues in second-quarter 2019, primarily due to risks arising from delay in project timings and deliveries despite a ramp up in 5G deliveries.
Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Verizon Communications (VZ) closed at $55.50 in the latest trading session, marking a -1.93% move from the prior day.