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.
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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 Communications and Charter Communications will post Q2 results on Friday amid a tumultuous time for telecommunications companies.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, June 24, including earnings out from American Express (AXP) and Verizon (VZ), as well as the latest reading on US new home sales.
Verizon Communications (VZ) is in the middle of a broad reset, selling 274 company-owned stores, cutting jobs, relying more on franchises, and promoting new products such as the Gizmo Watch 4 as quarterly earnings approach. See our latest analysis for Verizon Communications. Against this backdrop of store sales, cost cuts and new product launches, Verizon Communications' share price has moved to $44.29, with a 7 day share price return of 3.41% but a 90 day share price return that declined...
First-quarter earnings matched estimates, but broadband losses and margin pressure weighed on investor sentiment.
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.
Verizon is discontinuing a customer support option it has offered for 18 years, a move that comes after recently announcing a series of layoffs. The carrier has undergone a transformation under new CEO Dan Schulman in recent months as it works to slow customer losses in its wireless business. This ...
T-Mobile stock fell despite its Q2 earnings beat. Management rejected an expanded Starlink partnership, saying it would not create value.
Analysts are turning bullish after the wireless carrier beat the Street’s second-quarter earnings target.
T is building 2026 momentum through fiber convergence, 5G reach, edge demand and Open RAN savings, while competition and capital needs remain checks.
T's earnings beat, rising free cash flow and low valuation strengthen its value case, but debt, heavy spending and uneven growth temper the outlook.
T's 2026 outlook rests on fiber, 5G and bundled growth, but wireless promotions, legacy declines and heavy investment keep risks elevated.
American Express and Verizon both report Q2 earnings the same morning, and the prediction markets, analyst ratings, and price targets are telling three different stories about which stock Wall Street actually trusts heading into the print.
Getting kicked off the Dow Jones Industrial Average sounds like a death sentence for a stock, but a handful of booted dividend giants went on to reward patient shareholders with stunning gains and steady income streams that index investors missed out on entirely.
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.
Today Earnings (a.m.): American Airlines, Blackstone, Lockheed Martin, Comcast, RTX, PG&E, T-Mobile Earnings (p.m.): Intel Central banks: The European Central Bank announces its interest-rate decision.
Telecommunications giant Verizon (NYSE:VZ) will be reporting earnings this Friday before the bell. Here’s what you need to know.
Verizon Communications (NYSE:VZ) has launched the Gizmo Watch 4, a new connected device aimed at children and families. The watch introduces features such as Watch Removal Detection, real-time location insights, severe weather alerts, and tighter integration with the Verizon Family app. This release expands Verizon’s family-focused device lineup and is being supported by a broad promotional push across its consumer channels. For investors tracking Verizon Communications, the Gizmo Watch 4...
AT&T just posted its fifth straight earnings beat while accelerating buybacks to $10 billion, but the stock still sits nearly 20% below its 52-week high. Whether that gap closes depends on two risks that bulls keep brushing aside.
AT&T just posted its fifth straight earnings beat while adding over a million new accounts, yet its stock sits near a multiyear low as Starlink looms. CEO John Stankey says satellite competitors are decades too late to matter, but Wall Street analysts are not so sure.
Charter Communications stock is down this year, but an analyst on Wednesday reiterated a price target that implies nearly 200% upside.
SPHD screens for high yields and low volatility, but the real question is whether that monthly income stream holds up when markets crack and whether the stability comes at too steep a long-term cost.
Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...