What to Expect When Verizon (VZ) Reports Q2 Results

Verizon (VZ) reports 2016 second quarter earnings tomorrow before the market open.
By Rachel Aldrich ,

NEW YORK (TheStreet) -- Shares of Verizon (VZ) - Get Report  are down 0.62% to $55.75 this afternoon ahead of the company's 2016 second quarter earnings report due out tomorrow before the market open.

Wall Street is looking for earnings of 92 cents and revenue of $30.95 billion for the New York-based communications company.

For the 2015 second quarter, Verizon reported adjusted earnings of $1.04 on revenue of $32.2 billion.

Verizon agreed to acquire Yahoo (YHOO) today for $4.83 billion in cash. The deal gives Verizon access to 1 billion active monthly users from the company.

Acquiring Yahoo's business also gives the company several avenues for synergy and can inexpensively build up Verizon's media platform, MarketWatch reports.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of A.

The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins, growth in earnings per share and increase in net income. TheStreet Ratings feels its strengths outweigh the fact that the company has had generally high debt management risk by most measures that TheStreet Ratings evaluated.

You can view the full analysis from the report here: VZ

Loading ...