23 April Watchlist 👀

by 23 Apr, 2019

Today we are watching…

1.  Coca-Cola (#coke)

After Pepsi’s earlier earnings beat, all eyes are on Coke’s fizz . Its price is around 7% higher than its February dip when the board stated sales were expected to slow down this year, causing the largest daily sell-off in over ten years. Today it announces its first quarter earnings with most analysts are recommending investors hold the stock. It’s expected to report $0.46 in earnings per share (EPS). Compared to the previous quarter, this would imply a 7% growth, while against Q1 2018 the measure would contract by 2.0%.

2. Verizon (#vzon)

5G leader Verizon announces its first quarter earnings today, with major rival AT&T doing likewise tomorrow. So everyone is listening in to find out where communications goes next. Both companies shares had a positive start to the year, but in the second quarter that changed. Verizon is expected to report adjusted EPS of $1.17 which is on par with the prior-year quarter. Revenue is projected at $32.2 billion, also about flat from a year ago. It’s roll-out of 5G will be critical although, for now, just symbolic as most consumers do not have the Motorola phone with a clip-on modem that will upgrade the service, and the infrastructure is only partially completed.

All emails include an unsubscribe link. You can opt-out at any time. ​See our privacy policy.

Download on the App Store           Download on Google Play


Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.
India account traded securities are provided by SIC Stocks & Services PVT Ltd. SIC does not make any personal recommendations to buy, sell or otherwise deal in investments. Investors make their own investment decisions. The services and securities provided by SIC may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser. For more information and disclaimers, click here.


Share This