03 May Watchlist 👀
Today we are watching…
1. American Tower (#amt)
US real estate investment trust, American Tower, is ready to post its earnings today and analysts are on the fence about the potential outcome. The company has beaten estimates in 3 of the last 4 reports, and while it has been expanding its footprint in the US and international markets, the wireless industry that is supplies is poised to experience significant headwinds in 2019. This outlook is dampening the company’s impressive 38.87% return in a 52-week period, but today’s report will give investors a better indication about whether that hot-streak will continue or not. Stay tuned!
2. Dish Network (#dish)
The Dish Network is also releasing its earnings report today into an uncertain market. The company has been struggling to maintain its user base as consumers increasingly move to subscription-based content, such as Netflix and Amazon Prime. Moreover, an ongoing dispute with AT&T is likely to also expected to affect its churn rate and negatively impact this announcement. The outlook doesn’t look great for Dish going forward either as the fight for user’s monthly income becomes more competitive…The company must either adapt or be left in the dust.