T

Verizon stock falls after earnings as company cuts expectations

Verizon Communications Inc. The second major wireless carrier in the United States disappointed about its earnings this week, as the company cut its full-year financial forecast on Friday. Shares are down nearly 5% in pre-market trading. The company achieved net income in the second quarter of $5.32 billion, or $1.24 per share, compared to $5.94 …

Verizon stock falls after earnings as company cuts expectations Read More »

Analyst says AT&T earnings were ‘really good’ despite share sale

AT&T shares fell sharply Thursday after the telecom giant cut its free cash flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, analyst Walt Pickick at LightShed Partners called his research note: “AT&T’s Q2 was really good. Here’s why.” Admittedly, AT&T’s T, -7.62% The management team did …

Analyst says AT&T earnings were ‘really good’ despite share sale Read More »