Verizon (VZ 4.41%) stock is posting big gains in Monday's trading following the company's recent earnings report. The telecommunications giant's share price was up 5% as of 2:15 p.m. ET. At the same point in the day's trading, the S&P 500 (^GSPC 0.33%) and the Nasdaq Composite (^IXIC 0.52%) were up 0.5% and 0.7%, respectively.Verizon posted its second-quarter results before the market opened this morning, and it delivered sales and earnings performance that came in far better than Wall Street's forecasts. I ...

Core Viewpoint - Analysts forecast AT&T will report quarterly earnings of $0.51 per share, reflecting a year-over-year decline of 10.5%, with revenues expected to reach $30.53 billion, an increase of 2.5% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has not changed over the past 30 days, indicating analysts have not revised their initial projections [2] - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenues- Communications- Business Wireline' will be $4.33 billion, a year-over-year decline of 9% [5] - 'Revenues- Communications- Consumer Wireline' is projected to reach $3.53 billion, indicating a year-over-year increase of 5.4% [5] - 'Revenues- Corporate and Other' is estimated at $20.56 million, reflecting a significant year-over-year decline of 81.6% [5] - 'Revenues- Communications- Mobility' is expected to be $21.54 billion, showing a year-over-year increase of 5.2% [6] Key Metrics - 'Consumer Wireline - Broadband Connections - Fiber Broadband Connections' is projected to reach 9.83 million, up from 8.80 million year-over-year [6] - 'Consumer Wireline - Fiber Broadband Net Additions' is estimated at 239.75 thousand, slightly up from 239.00 thousand year-over-year [7] - 'Consumer Wireline - Broadband Connections - Non Fiber Broadband Connections' is expected to be 4.36 million, down from 5.04 million in the same quarter last year [7] - 'Consumer Wireline - Broadband Net Additions' is forecasted at 82.45 thousand, compared to 52.00 thousand year-over-year [8] - 'Mobility Subscribers - Postpaid phone' is expected to reach 73.36 million, up from 71.93 million year-over-year [8] - 'Mobility Net Additions - Postpaid Phone' is projected at 319.49 thousand, down from 419.00 thousand year-over-year [9] - 'Consumer Wireline - Broadband Connections - Broadband' is estimated at 14.19 million, compared to 13.84 million year-over-year [9] - 'Mobility - Total Mobility Net Additions' is expected to be 710.04 thousand, down from 997.00 thousand year-over-year [10] Stock Performance - Over the past month, AT&T shares have returned -2.4%, while the Zacks S&P 500 composite has increased by 5.4% [11] - AT&T currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [11]