Dollar way down (97.22) so that's helping to boost things a bit - might not last.
Dow has been all over the place this morning.
Oil calming already.
Cell prices/StJ - It's amazing all the ways they find to rip off consumers under "Capitalism" while "Cocialism" tends to keep costs under control. It's the exact opposite of what they tell you - over and over and over again...
GE/Albo - Stop, you'll make me want to play them again!
FTR catching some bids ahead of earnings:
What Our Model Says
Our proven model shows that Frontier Communications is likely to beat earnings this quarter as it has the two key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is exactly the case here as you will see below:
Earnings ESP: Frontier Communications’ Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is +55.80% as the former is pegged at a loss of 20 cents and the latter at a loss of 45 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Frontier Communications Corporation Price and EPS Surprise
Frontier Communications Corporation Price and EPS Surprise
Zacks Rank: Frontier Communications currently has a Zacks Rank #3. This increases the predictive power of ESP.
Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.
Factors at Play
In January 2019, Frontier Communications completed the sale of 100 wireless communication towers primarily in Connecticut, New York, and California for approximately $80 million.
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