What's Going On With AT&T, Verizon And T-Mobile Shares Monday?

AT&T, Inc. (NYSE:T), Verizon Communications, Inc. (NYSE:VZ), and T-Mobile US, Inc. (NASDAQ:TMUS) shares are in the spotlight Monday with each company set to release earnings this week.

What To Know: Verizon will be the first of the telecom giants to release earnings, with the announcement expected on Tuesday before the market opens. Analysts are anticipating EPS of $1.18 and revenue of $33.43 billion, according to estimates from Benzinga Pro.

In the company’s latest quarter, Verizon reported revenue of $32.79 billion and EPS of $1.15, which was largely in line with estimates.

Scotiabank analyst Maher Yaghi maintained a Sector Perform rating on Verizon and raised the price target from $46.50 to $47.25 at the end of last week.

AT&T and T-Mobile ...