Verizon 1Q results highlighted by strong wireless customer loyalty, network investment and growth in new markets
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Verizon Communications (VZ) PT Lowered to $50 at Jefferies
April 21, 2017 7:56 AM EDTJefferies lowered its price target on Verizon Communications (NYSE: VZ) to $50.00 (from $51.00) while maintaining a Hold rating. 1Q results fell short of expectations, and raise new questions about the health of the wireless business.
Wireline revenue and EBITDA trends were modestly better, though FiOS... More
Verizon Communications (VZ) Misses Q1 EPS by 1c
April 20, 2017 7:31 AM EDTVerizon Communications (NYSE: VZ) reported Q1 EPS of $0.95, $0.01 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $29.8 billion versus the consensus estimate of $30.57 billion.
Consolidated: 84 cents in earnings per share (EPS) and adjusted EPS (non-GAAP) of 95 cents, excluding... More