Some of the nation’s most closely-watched stocks in the Communications sector—including GOOGL, NFLX, DIS and FB—are gearing to open their books.
FB expected to report relatively strong Q3 earnings but analysts worry about growth slowdown.
Alphabet gets ready to report Q3 earnings this Monday with investors waiting to see if Q2’s solid performance in ad revenue continued. Other things to consider include search volume and the cloud business.
Two telecom giants, AT&T (T) and Verizon (VZ), are set to release earnings, and analyst consensus is for modestly higher results versus those from a year ago.
Streaming content giant Netflix is expected to open its Q3 books on October 16 after the close, as competitors including Disney, Apple and Comcast’s NBC Universal prepare to ramp up their own streaming services
In an economy where the consumer has been driving growth, some of that might show up in Q3 Communications Services’ sector earnings. However, growing competition is a possible headwind for some firms.
Despite tepid earnings expectations for Q2, retailers may be a mixed bag. Some big-box stores continue to see growth, while many old-line department stores struggle to stay afloat.
Amid diminished expectations across S&P 500 sectors in Q2, Communications Services might be the leader of the pack. Here are a few themes to watch.
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