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Verizon Communications Q2 Earnings Call Highlights
MarketBeat56d agoneutral
Verizon Communications Q2 Earnings Call Highlights

Verizon Communications (NYSE:VZ) raised its full-year 2026 outlook for mobility and broadband service revenue, adjusted earnings per share and free cash flow after reporting improved subscriber trends, lower churn and stronger operating leverage in the second quarter. Chief Executive Officer Dan Sc

Verizon shares rise as earnings beat and guidance boost offset revenue miss
Proactive57d agoneutral
Verizon shares rise as earnings beat and guidance boost offset revenue miss

Verizon Communications Inc (NYSE:VZ, XETRA:BAC) shares rose about 3% on Friday morning after the company reported second quarter results that beat Wall Street expectations for adjusted earnings and raised its full-year outlook, despite revenue coming in below forecasts. The company reported...

Verizon lifts annual forecasts as new mobile plans spur subscriber gains
Reuters57d agoneutral
Verizon lifts annual forecasts as new mobile plans spur subscriber gains

Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider's latest unlimited 5G ‌plans and rewards programs helped it add more wireless subscribers ‌than expected in the June quarter. The company is in the midst of a strategic transition under new CEO Dan Schulman, rolling out simplified mobile plans, a new loyalty program and bundled wireless-broadband offerings to improve customer additions after trailing rivals in subscriber growth. Verizon gained ‌184,000 monthly-bill paying wireless ⁠subscribers in the second quarter, surpassing estimates of 103,900 additions by analysts polled by FactSet.

New Home Sales: What to Watch Friday
The Wall Street Journal57d agoneutral
New Home Sales: What to Watch Friday

Today Earnings: American Express, Verizon, Charter Communications, HCA Healthcare, Volkswagen, Canadian National Railway Economic data: Commerce Department data on new home sales for June, S&P flash U.

Verizon Earnings Will Put Cost Cuts and SpaceX Fears Under the Microscope
Barrons.com57d agoneutral
Verizon Earnings Will Put Cost Cuts and SpaceX Fears Under the Microscope

Verizon is set to round out the Big Three telecommunications companies reporting earnings this week, and its cost-cutting push is likely to come into focus alongside potential competition risks from SpaceX. Rivals AT&T and T-Mobile reported earlier this week, with both beating on earnings but missing on revenue. As Verizon stock has outperformed both this year, the company likely faces a higher bar when it reports before the open Friday.

T-Mobile Stock Falls. What’s Overshadowing Earnings Beat.
Barrons.com58d agoneutral
T-Mobile Stock Falls. What’s Overshadowing Earnings Beat.

T-Mobile US stock was sliding on Thursday after the wireless carrier reported softer-than-expected second-quarter revenue, overshadowing an earnings beat. T-Mobile reported adjusted earnings of $2.99, as revenue climbed 7.9% from a year ago to $22.8 billion. T-Mobile also said it now expects full-year adjusted free cash flow of between $18.4 billion and $18.8 billion, up from prior guidance of $18.1 billion to $18.7 billion.

Bloomberg59d agoneutral
AT&T Reports Greater-than-Expected Mobile Subscriber Gains

(Bloomberg) -- AT&T Inc. added more monthly wireless phone subscribers than analysts expected in the second quarter, a bright spot for the carrier in a period that had investors spooked by potential competitive threats.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restric

Is Passive Investing Sabotaging Fund Managers?
The Wall Street Journal61d agoneutral
Is Passive Investing Sabotaging Fund Managers?

Mutual-fund managers can’t catch a break, and maybe they never will. Hedge-fund manager David Einhorn  caused a stir two years ago when he called markets “fundamentally broken.” Money regularly comes out of paychecks and pours into index funds tracking the S&P 500, buying stocks with no regard to value—only their weighting.