Video: Verizon, Comcast Q2 Up Against Weak Period
Comcast and Verizon Communications (VZ) kick off Q2 earnings for communications companies with reports out before the market open Tuesday morning, with the nation’s No. 1 cable TV firm seen growing profit by 11% and Verizon’s EPS, boosted by wireless service, expected to rise 23%. Comcast (CMCSA) is expected to report profit of 72 cents per share, up 11% from the year-earlier period, with revenue up 4% to $16.98 billion. Analysts polled by Thomson