With Verizon Communications having reported earnings today, the telecom industry has three more high-profile third-quarter earnings reports coming this week: Qwest is on deck for tomorrow, Alcatel-Lucent is in the hole for Wednesday ("hole" being a baseball metaphor, not a comment on the vendor's earnings performance, although...), and Sprint is awaiting its turn on Thursday.
Each company faces a turning point: It will be Edward Mueller's first time reporting earnings as CEO of Qwest, Alcatel-Lucent CEO Patricia Russo is expected to announce further fixes for her company's poor post-merger performance, and Sprint is in the midst of a CEO search.
For more:
- MarketWatch looks toward a busy earnings week
- The Wall Street Journal (sub. req.) previews the Alcatel-Lucent earnings
Related articles:
- Alca-Lu already backed CEO Russo, despite hard times