Reported 5 months ago
Verizon Communications (NYSE: VZ) has seen a 35% increase from its 52-week low, reflecting a positive turnaround amid challenges in the telecom industry. With solid growth in wireless service revenue, improving cash flow, and a 6.5% dividend yield, analysts anticipate Verizon's Q2 earnings report on July 22 will showcase continued operational strength. Despite moderate projected revenue growth, there are optimistic trends in key metrics like consumer postpaid phone additions and fixed wireless access adoption. Investors are encouraged to consider strategic buying options due to potential market volatility around the earnings announcement.
Source: YAHOO