Verizon Communications (VZ) earnings beat lifts shares despite revenue miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Evercore ISI Recaps Verizon Communications (VZ) Earnings
April 23, 2024 5:32 AM EDTEvercore ISI analyst Vijay Jayant reiterated an In Line rating and $42.00 price target on Verizon Communications (NYSE: VZ).
The analyst comments "VZ sold off 4.7% (vs. S&P 500 +0.9%) despite what we viewed as healthy and broadly in line 1Q24 results, encouraging subscriber momentum entering... More
Verizon Communications (VZ) PT Lowered to $40 at Wells Fargo
April 23, 2024 5:08 AM EDTWells Fargo analyst Eric Luebchow lowered the price target on Verizon Communications (NYSE: VZ) to $40.00 (from $44.00) while maintaining a Equal Weight rating.
The analyst comments "Consumer sub trends improve, albeit with some "second number" benefit. VZ's -158K consumer postpaid phone... More
Verizon Communications (VZ) Tops Q1 EPS by 3c, Offers Guidance
April 22, 2024 7:02 AM EDTVerizon Communications (NYSE: VZ) reported Q1 EPS of $1.15, $0.03 better than the analyst estimate of $1.12. Revenue for the quarter came in at $33 billion versus the consensus estimate of $33.23 billion.
GUIDANCE:
Verizon Communications sees FY2024 EPS of $4.50-$4.70, versus the consensus of... More
