Verizon reports strong 3Q results propelled by wireless customer growth

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SunTrust Reiterates Buy Rating on Verizon Communications (VZ)

October 28, 2019 8:06 AM EDT

SunTrust analyst Greg Miller reiterated a Buy rating and $68.00 price target on Verizon Communications (NYSE: VZ) following the company's 3Q report. Miller believes that Verizon reported 3Q19 results indicative of success in a strategy designed to lay the groundwork for a successful 5G launch... More

Verizon Communications (VZ) Tops Q3 EPS by 1c, Offers Guidance

October 25, 2019 7:02 AM EDT

Verizon Communications (NYSE: VZ) reported Q3 EPS of $1.25, $0.01 better than the analyst estimate of $1.24. Revenue for the quarter came in at $32.9 billion versus the consensus estimate of $32.75 billion.

Wireless (non-GAAP):

Total revenue growth of 2.6 percent year over year to $23.6 billion, driven by a 2.7 percent increase in service... More