Investing

Earnings Previews: American Express, Snap, Twitter, Verizon

Of 36 brokerages covering the stock, there are 30 Hold ratings and four Buy or Strong Buy ratings. At a share price of around $39.50, the upside potential based on a median price target of $49.00 is 24%. At the high price target of $55.00, the upside potential is 39.2%.

For the second quarter, revenue is forecast at $1.34 billion, up 11.5% sequentially and by 12.6% year over year. Adjusted EPS are forecast at $0.14, down 84.4% sequentially and 30.0% lower year over year. For full fiscal 2022, consensus estimates call for EPS of $1.65, up 726.8%, on revenue of $5.85 billion, up 15.3%.

Twitter stock trades at 23.9 times expected 2022 EPS, 33.4 times estimated 2023 earnings of $1.18 and 25.3 times estimated 2024 earnings of $1.56 per share. The 52-week trading range is $31.30 to $73.34. The company does not pay a dividend. Total shareholder return for the past year is negative 40.2%.

Verizon

Telecom giant and Dow component Verizon Communications Inc. (NYSE: VZ) has seen its share price fall by about 6.2% over the past 12 months. The company lowered fiscal year EPS guidance when it reported quarterly results in April, and the share price plunged 11% over the course of the next week. While the company and analysts expect revenue to rise, earnings could fall because rising costs may outrun increased revenues. Verizon reports quarterly results Friday morning.

Analysts remain cool on Verizon’s outlook. Of 29 analysts, only eight have Buy or Strong Buy ratings and 20 have a Hold rating. At a share price of around $50.50, the implied gain based on a median price target of $56.50 is 11.9%. At the high price target of $71.00, the potential upside is 41.2%.


Second-quarter revenue is forecast to come in at $33.8 billion, up 0.7% sequentially and essentially flat year over year. Adjusted EPS are forecast at $1.33, down 1.6% sequentially and by 2.9% year over year. For the full 2022 fiscal year, analysts expect Verizon to post EPS of $5.35, down 0.7%, on sales of $137.02 billion, about up to 2.6%.

Verizon stock trades at 9.4 times expected 2022 EPS, 9.1 times estimated 2023 earnings of $5.54 and 8.9 times estimated 2024 earnings of $5.66 per share. The stock’s 52-week range is $45.55 to $56.85. Verizon pays an annual dividend of $2.56 (yield of 5.07%). Total shareholder return over the past 12 months was negative 5.2%.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.