Verizon (VZ) Stock Price Hit 52-Week Low After Earnings, UPS Ahead of Earnings

United Parcel Service (UPS) reports earnings Tuesday April 26 premarket. UPS finally realized they have pricing power so decided to take pricing up a lot, says Brian Barish, CIO & President, Cambiar Investors. He says it is trading at a discount to the market right now. Verizon (VZ) shares dropped to a 52-week low today after reporting 1Q22 earnings with EPS at $1.35, inline with the estimate and revenue slightly beating the estimate. Brian explains that Verizon is trading in a trough with nine times earnings. He thinks it is a stable story. Tune in for the full discussion with Oliver.

Market On Close

26 Apr 2022

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