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Telecom Stocks' Q1 Earnings on May 1: JNPR, COMM, ARRS, USM

  • Does FireEye (FEYE) have what it takes to be a top stock pick for momentum investors? Let's find out.
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    FireEye (FEYE) is a Great Momentum Stock: Should You Buy?

    Does FireEye (FEYE) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
    2/5

    Telecom Stocks' Q1 Earnings on May 1: JNPR, COMM, ARRS, USM

    The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
  • The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
    3/5

    Telecom Stocks' Q1 Earnings on May 1: JNPR, COMM, ARRS, USM

    The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
  • The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
    4/5

    Telecom Stocks' Q1 Earnings on May 1: JNPR, COMM, ARRS, USM

    The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
  • The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
    5/5

    Telecom Stocks' Q1 Earnings on May 1: JNPR, COMM, ARRS, USM

    The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
Does FireEye (FEYE) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
The Technology sector, of which Telecom forms part, appears to be quite strong in first-quarter 2018.
Supriyo Bose
Updated

The earnings season, which is well past the halfway mark, has proved to be one of the strongest in the past seven years with decent performance across the table. About 267 S&P 500 members have already released their results till Apr 27. Total earnings for these companies are up 25.1% year over year on 10% higher revenues, with 76.8% beating earnings estimates and 73.8% surpassing top-line expectations. Based on the hitherto observed pattern, first-quarter 2018 is anticipated to register healthy double-digit percentage earnings growth on a year-over-year basis. 

Per the latest Earnings Preview, overall earnings for all the S&P 500 companies are expected to be up 22.6% on 8.4% growth in revenues. This represents an improved growth projection from the previous quarter, which was driven by a corporate tax overhaul and relatively healthy job data. Experts widely believe that earnings growth is likely to improve steadily in 2018 and beyond. Total earnings for the S&P 500 index are likely to grow 18.5% year over year on 5.5% rise in revenues, which if achieved, would be the highest annual growth rate for the index since 2010.

The Technology sector, of which Telecom forms part, appears to be quite strong. For the sector, earnings are expected to improve 27.9% year over year while revenues are touted to rise 12.5% due to healthy growth dynamics on the back of existing secular trends in cloud computing, artificial intelligence and Big Data.

Let’s take a sneak peek at four major Telecom stocks scheduled to report first-quarter earnings on May 1 to see how things are shaping up for the upcoming results.

Juniper Networks, Inc. JNPR is scheduled to report results after the closing bell. Unfavorable global macro environment and weak investment patterns among customers are likely to hurt Juniper’s revenue growth. Ongoing consolidation in the telecom market is also expected to weigh on the company’s financials. Moreover, the Cloud segment might be hurt due to spending delay by cloud and hyper-scale customers as well as architectural transitions. It is expected to generate revenues of $212 million. (Read more: Will Lower Product Revenues Hurt Juniper Q1 Earnings?)

For the to-be-reported quarter, the company has an Earnings ESP of 0.00%, and Zacks Rank #3 (Hold), making an earnings surprise prediction uncertain. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 for a likely earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Juniper Networks, Inc. Price and EPS Surprise

 

Juniper Networks, Inc. Price and EPS Surprise | Juniper Networks, Inc. Quote

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CommScope Holding Company, Inc. COMM is scheduled to report results before the opening bell. We remain inconclusive on an earnings beat prediction this quarter as it has an ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

CommScope Holding Company, Inc. Price and EPS Surprise

 

CommScope Holding Company, Inc. Price and EPS Surprise | CommScope Holding Company, Inc. Quote

ARRIS International plc ARRS is slated to release earnings results after the closing bell. We remain inconclusive on earnings beat prediction this quarter as it has an ESP of 0.00% and a Zacks Rank #3.

ARRIS International plc Price and EPS Surprise

 

ARRIS International plc Price and EPS Surprise | ARRIS International plc Quote

United States Cellular Corporation USM is scheduled to report results before the opening bell. We remain inconclusive on an earnings beat prediction this quarter as it has an ESP of 0.00% and a Zacks Rank #1.

United States Cellular Corporation Price and EPS Surprise

 

United States Cellular Corporation Price and EPS Surprise | United States Cellular Corporation Quote

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ARRIS International plc (ARRS) : Free Stock Analysis Report
 
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