Saturday, July 17, 2010

For AT&T, Verizon, it's slow and steady Earnings Outlook - MarketWatch

For AT&T, Verizon, it's slow and steady Earnings Outlook - MarketWatch:
By Jeffry Bartash, MarketWatch
"AT&T's long-declining wireline business is expected to report another large drop of about 10% in the number of homes that still subscribe to traditional phone service. Revenue in that segment is likely to fall slightly, to around $15.35 billion.

New York-based Verizon reports results on Friday, the day after AT&T. The nation's largest wireless carrier is expected to earn 54 cents a share on revenue of $27 billion, according to FactSet."

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