Risk-to-Price Commentary: Qwest Communications International Inc. Sep 10

  • ID: 1823812
  • September 2010
  • Region: Global
  • Standard & Poors
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  • AT&T Inc.
  • Centel Capital Corp.
  • Embarq Corp.
  • Qwest Corp.
  • Verizon Florida Inc.
  • Verizon New Jersey Inc.
  • MORE

The S&P 500 Index's telecommunication services sector could be on track to recover after suffering during the economic downturn that began mid-2007. The sector's aggregated recorded earnings declined from second-quarter 2008 to fourth-quarter 2009, according to Capital IQ data (see chart 1). Since then, however, the sector has posted year-over-year earnings growth following an overall upward trend. Major sector company Verizon, for example, showed solid operational improvement in terms of cash flow growth, margins, and revenue, in its quarterly report released earlier in the reporting season. Analysts expect $2.04 per share for second-quarter 2010, which would maintain earnings at the same level recorded throughout the past year, and forecast a return to increasing earnings in fourth-quarter 2010 and throughout 2011....

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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- CenturyLink Inc.
- Verizon Maryland Inc.
- Verizon Florida Inc.
- Frontier Communications Northwest Inc.
- Indiana Bell Telephone Co.
- Michigan Bell Telephone Co.
- Verizon New Jersey Inc.
- Verizon New York Inc.
- Pacific Bell
- BellSouth Telecommunications Inc.
- BellSouth Corp.
- Qwest Capital Funding Inc.
- AT&T Inc.
- Centel Capital Corp.
- Ameritech Capital Funding Corp.
- Qwest Corp.
- ALLTEL Communications Inc.
- Qwest Communications International Inc.
- TW Telecom Holdings Inc.
- Embarq Corp.
- Windstream Corp.

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