Verizon begins 2018 with strong momentum

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Verizon Communications (VZ) PT Raised to $51 at Goldman Sachs

April 25, 2018 7:50 AM EDT

Goldman Sachs raised its price target on Verizon Communications (NYSE: VZ) to $51.00 (from $50.00) while maintaining a Neutral rating following the company's 1Q earnings release. Results highlighted continued stabilization in wireless service revenue and better than expected subscriber trends across its key wireless and wireline product... More

Verizon Communications (VZ) Tops Q1 EPS by 6c

April 24, 2018 7:26 AM EDT

Verizon Communications (NYSE: VZ) reported Q1 EPS of $1.17, $0.06 better than the analyst estimate of $1.11. Revenue for the quarter came in at $31.8 billion versus the consensus estimate of $31.22 billion.

Verizon expects the following:

Full-year consolidated revenue growth at low single-digit percentage rates... More