Investors Look for Yahoo! (YHOO) Deal Update From Verizon (VZ) Earnings - TheStreet

Investors Look for Yahoo! Deal Update From Verizon Earnings

Shares of Verizon Communications are in focus as the company prepares to report its fiscal fourth-quarter results on Tuesday.
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Shares of Verizon Communications (VZ) - Get Report are in focus as the company prepares to report its fiscal fourth-quarter results on Tuesday. Wall Street expects Verizon to report earnings of 89 cents a share on revenue of about $32 billion. For the full year, analysts anticipate earnings of $3.90 a share on revenue of $125.7 billion.

Aside from the earnings, investors will be focused on the status of the company's planned $4.8 billion acquisition of Yahoo!'s (YHOO) core assets amid reports that the SEC is investigating whether Yahoo! should have disclosed its massive user hacks earlier.

Investors will also be looking for any indication of how the Trump administration's deregulatory position could benefit the telecom industry.

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