Verizon Vs. AT&T: Wireless Giants Brace For Q3 Earnings Face-Off

As Verizon Communications Inc (NYSE:VZ) and AT&T Inc (NYSE:T) prepare to release their third quarter earnings, the stage is set for a head-to-head clash between the two telecom giants.

Verizon reports Tuesday with analysts expecting $1.18 EPS and $33.43 billion in revenue, while AT&T follows up on Wednesday with consensus estimates of 57 cents EPS and $30.44 billion in revenue.

Both companies have seen significant year-to-date stock recoveries, but who's leading the charge as they head into their respective earnings calls?

Verizon: Spectrum Play Meets Bullish Sentiment

Verizon's year-to-date gains of 12.67% may pale in comparison to AT&T, but the technical signals surrounding Verizon stock are flashing green.

Chart created using Benzinga Pro

Verizon stock, currently trading at $43.81, is supported by its eight-day simple moving average (SMA) of $43.55. Its 50-day SMA of $42.96 and 200-day SMA of $41.05 indicate a bullish trend in the near term.