Verizon Communications (VZ) PT Raised to $55 at Goldman Sachs

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Go back to Verizon Communications (VZ) PT Raised to $55 at Goldman Sachs

Verizon closes 2017 with strong wireless customer growth and retention, well-positioned in new markets

January 23, 2018 7:00 AM EST

4Q 2017 highlights

$4.56 in earnings per share (EPS), compared with $1.10 in 4Q 2016; adjusted EPS (non-GAAP), excluding special items, of 86 cents, compared with 86 cents in 4Q 2016.Verizon Wireless: 1.2 million retail postpaid net additions, including 647,000 postpaid smartphone net adds; retail postpaid churn of 1.00 percent, with strong customer loyalty demonstrated by retail postpaid phone churn of 0.77 percent -- less than 0.90 percent for the 11th consecutive quarter.Fios total revenue growth of 2.3 percent, driven by Fios Internet customer growth.

NEW YORK, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE:... More