Communication Services - Quarterly Revenue Analysis

Last updated 2024-09-19 04:42:16 (EDT)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Communication Services Sector Companies.

Trend Chart of Adjusted Quarterly Revenue vs. Stock Price Trend Chart for Communication Services Sector ETF (XLC)

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Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	2.3%
YoY Growth Rate of Revenue	7.7%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Communication Services Sector ETF (XLC) and the seasonally adjusted overall quarterly revenue of Communication Services sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Adjusted Quarterly Revenue vs. Stock Price for Communication Services Sector

Seasonally Adjusted Quarterly Revenue and stock price of Communication Services Sector show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

Low Correlation 0.46

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Related Stocks

Related Communication Services sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
TKO	TKO Group Holdings, Inc.	45.8%	178.9%
ORAN	Orange S.A.	35.9%	-7.9%
PSO	Pearson plc	35.8%	-6.7%
LBRDA	Liberty Broadband Corporation	32.1%	0.4%
WWE	World Wrestling Entertainment, Inc.	30.8%	25%
Z	Zillow Group, Inc. Class C	26.6%	13%
WPP	WPP plc	25.8%	0.1%
RDDT	Reddit, Inc.	12.9%	53.6%
TKC	Turkcell Iletisim Hizmetleri A.S.	11.4%	61.3%
LYV	Live Nation Entertainment, Inc.	8.5%	7%
FOX	Fox Corporation	7.8%	2%
FOXA	Fox Corporation	7.8%	2%
MTCH	Match Group, Inc.	7.8%	4.2%
TME	Tencent Music Entertainment Group	7.5%	-1.7%
ROKU	Roku, Inc.	7.4%	14.3%
NYT	The New York Times Company	6.1%	5.8%
EDR	Endeavor Group Holdings, Inc.	6.1%	21.9%
PINS	Pinterest, Inc.	5.3%	20.6%
GOOG	Alphabet Inc.	5.3%	13.5%
GOOGL	Alphabet Inc.	5.3%	13.5%
IPG	The Interpublic Group of Companies, Inc.	3.5%	1.6%
TWLO	Twilio Inc.	3.3%	4.3%
META	Meta Platforms, Inc.	3%	22.1%
TIMB	TIM S.A.	2.9%	7.5%
RELX	RELX PLC	2.8%	16.9%
OMC	Omnicom Group Inc.	2.2%	6.8%
WMG	Warner Music Group Corp.	2%	-0.6%
DIS	The Walt Disney Company	1.9%	3.7%
NFLX	Netflix, Inc.	1.9%	16.4%
VOD	Vodafone Group Public Limited Company	1.8%	30.8%
TBB	AT&T Inc. 5.35% GLB NTS 66	1.8%	-0.4%
NXST	Nexstar Media Group, Inc.	1.5%	2.3%
DASH	DoorDash, Inc.	1.5%	23.3%
T	AT&T Inc.	1.4%	-0.4%
SPOT	Spotify Technology S.A.	1.4%	10.4%
NWS	News Corporation	1.2%	5.9%
NWSA	News Corporation	1.2%	5.9%
VIV	Telefônica Brasil S.A.	1.1%	7.4%
CMCSA	Comcast Corporation	0.5%	-2.7%
LBTYA	Liberty Global plc	0.4%	1.4%
LBTYB	Liberty Global plc	0.4%	1.4%
LBTYK	Liberty Global plc	0.4%	1.4%
AMX	América Móvil, S.A.B. de C.V.	0.4%	1.5%
TU	TELUS Corporation	0.4%	-0.7%
VZA	Verizon Communications, 5.9% 15 Feb 2054	-	0.2%
LUMN	Lumen Technologies, Inc.	-	-10.7%
TLK	Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk	-0.1%	1.3%
VZ	Verizon Communications Inc.	-0.2%	0.6%
TBC	AT&T Inc. 5.625% Global Notes d	-0.5%	-0.4%
BCE	BCE Inc.	-0.8%	-1%
SJR	Shaw Communications Inc.	-0.9%	-1.2%
SIRI	Sirius XM Holdings Inc.	-1.2%	-3.2%
RCI	Rogers Communications Inc.	-1.4%	0.9%
SKM	SK Telecom Co.,Ltd	-1.6%	2.7%
PHI	PLDT Inc.	-1.6%	3.3%
LSXMK	The Liberty SiriusXM Group	-1.8%	-3.2%
SNAP	Snap Inc.	-2%	15.8%
TEF	Telefónica, S.A.	-2.4%	1.2%
AMOV	América Móvil, S.A.B. de C.V.	-2.8%	-5%
KT	KT Corporation	-2.9%	-
TMUS	T-Mobile US, Inc.	-3%	3%
PARA	Paramount Global	-3.3%	-10.5%
FYBR	Frontier Communications Parent, Inc.	-4.2%	2.1%
BIDU	Baidu, Inc.	-4.3%	-0.4%
CHTR	Charter Communications, Inc.	-4.8%	0.2%
FWONK	Formula One Group	-12.9%	36.5%
WBD	Warner Bros. Discovery, Inc.	-14%	-6.2%
CHT	Chunghwa Telecom Co., Ltd.	-67%	-66%
YNDX	Yandex N.V.	-99.5%	-99.4%
TWTR	Twitter, Inc. (delisted)	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.