As one can imagine, the next four weeks will be a busy earnings season, with many quarterly earnings releases scheduled and a bunch of stocks to watch. In this article, I will focus on Communication industry stocks with upcoming earnings due in the next few weeks. These stocks were selected based on popularity, volume and, more importantly, significant price changes expected due to earnings results and forecasts.
This article provides earnings previews on several stocks to consider in anticipation of their earnings reports. Use this list as a potential starting point for your analysis.
Verizon Communications Inc. (VZ): April 19, 2012
Verizon Communications Inc. (Verizon) is a holding company. The Company is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates in two primary segments: Verizon Wireless and Wireline
Verizon has a market cap of $105.65 billion and will report its first quarter earnings results on April 19, 2012, before market open. The first quarter revenues are expected to be $28.19 billion when compared to $26.99 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 57 cents a share from 51 cents a share in the year ago period. Verizon is currently trading around $37.26 with a 52 week range of $32.28 to $40.48.
AT&T Inc. (T): April 24, 2012
AT&T Inc. (AT&T) is a holding company and a provider of telecommunications services in the United States and worldwide. Services offered include wireless communications, local exchange services and long-distance services. AT&T operates in four segments: Wireless, Wireline, Advertising Solutions and Other.
AT&T has a market cap of $181.06 billion and will report its first quarter earnings results on April 24, 2012, before market open. The first quarter revenues are expected to be $31.86 billion when compared to $31.25 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 58 cents a share from 57 cents a share in the year ago period. AT&T is currently trading around $30.54 with a 52 week range of $27.29 to $31.97.
Sprint Nextel Corporation (S): April 25, 2012
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. The Company operates in two segments: Wireless and Wireline. Sprint is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers.
Sprint has a market cap of $8.03 billion and will report its first quarter earnings results on April 25, 2012, before market open. The first quarter revenues are expected to be $8.72 billion when compared to $8.31 billion for the same quarter last year. Earnings per share for the first quarter are expected to be a loss of 41 cents a share from loss of 15 cents a share in the year ago period. Sprint is currently trading around $2.68 with a 52 week range of $2.10 to $6.45.
MetroPCS Communications Inc (PCS): April 26, 2012
MetroPCS Communications, Inc. (MetroPCS Communications) is a facilities-based wireless broadband mobile communications provider in the United States, including the Atlanta, Boston, Dallas / Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando / Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa / Sarasota metropolitan areas.
MetroPCS has a market cap of $3.05 billion and will report its first quarter earnings results on April 26, 2012, before market open. The first quarter revenues are expected to be $1.29 billion when compared to $1.19 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 17 cents a share from 15 cents a share in the year ago period. MetroPCS is currently trading around $8.4 with a 52 week range of $7.51 to $18.79.
Alcatel Lucent SA (ADR) (ALU): April 26, 2012
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers. It is also engaged in mobile, fixed, Internet Protocol (IP) and optics technologies, applications and services. The Company operates in three business segments: Networks; Software, Services and Solutions and Enterprise.
Alcatel-Lucent has a market cap of $4.51 billion and will report its first quarter earnings results on April 26, 2012, before market open. The first quarter revenues are expected to be $4.60 billion when compared to $5.30 billion for the same quarter last year. Earnings per share for the first quarter are expected to be no profit-no loss (0 cents a share) from 2 cents a share in the year ago period. Alcatel-Lucent is currently trading around $1.99 with a 52 week range of $1.39 to $6.63.
Leap Wireless International, Inc. (LEAP): April 26, 2012
Leap Wireless International, Inc. is a wireless communications carrier that offers digital wireless services in the United States under the Cricket brand. Leap's Cricket service offerings provide customers with unlimited wireless services for a flat rate without requiring a fixed-term contract or a credit check.
Leap has a market cap of $674.71 million and will report its first quarter earnings results on April 26, 2012, after market close. The first quarter revenues are expected to be $829.02 million when compared to $779.91 million for the same quarter last year. Earnings per share for the first quarter are expected to be loss of 98 cents a share from loss of $1.26 a share in the year ago period. Leap is currently trading around $8.52 with a 52 week range of $5.50 to $17.66.
Clearwire Corporation (CLWR): April 26, 2012
Clearwire Corporation (Clearwire) is a provider of fourth generation (4G), wireless broadband services. The Company builds and operates next generation mobile broadband networks, which provide high-speed mobile Internet and residential Internet access services in communities throughout the country.
Clearwire has a market cap of $2.74 billion and will report its first quarter earnings results on April 26, 2012, after market close. The first quarter revenues are expected to be $316.21 million when compared to $242.03 million for the same quarter last year. Earnings per share for the first quarter are expected to be loss of 39 cents a share from loss of 93 cents a share in the year ago period. Clearwire is currently trading around $2.12 with a 52 week range of $1.24 to $6.02.
Sources: Some of the data is sourced from Google Finance, Yahoo Finance and investors sites.
Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.
