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7 Blue-Chip Stocks at High Risk for Earnings Crashes

If you hold any of these large caps (and you probably do), you'll want to pay extra-close attention to their upcoming reports

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Blue-Chip Stocks With High-Risk Earnings Reports: AT&T (T)

Scheduled to Report: Tuesday, July 25 (PM)
Earnings Estimate: 74 cents per share
Revenue Estimate: $39.88 billion

Telecom giant AT&T Inc. (NYSE:T) has been working hard to diversify its earnings streams as the wireless business has seen shrinking margins and increased competition. The acquisition of DirecTV was a move in the right media direction, and Time Warner Inc. (NYSE:TWX) is soon to go through.

But more work must be done.

T stock chart

Rising interest rates are taking a large crowd of dividend-seeking investors out of AT&T stock, which puts more pressure on the performance of the company to maintain current values.

Our technical models see AT&T shares rated bearishly in the intermediate-term, which will either continue or worsen without a great earnings report in a couple weeks.

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Article printed from InvestorPlace Media, http://investorplace.com/2017/07/7-blue-chip-stocks-high-risk-earnings-crashes/.

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