Shares of Verizon are not seeing the reaction to its earnings report that AT&T (T) did when the latter rallied more than 10% at one point on Thursday.
Verizon (VZ) shares instead are moving lower on Friday, falling about 5% after its ໄຕມາດທີ່ຜິດຫວັງ.
Earnings fell 7% year over year to $1.32 a share, missing expectations of $1.29 a share. Revenue climbed 4% and barely topped expectations. The company’s post-paid additions missed estimates, too.
On the plus side, the company reiterated its full-year earnings outlook, but that’s not quite as good as the ຕີເທິງ ແລະ ລຸ່ມສຸດ and raised guidance that AT&T delivered yesterday.
Source: https://www.thestreet.com/investing/how-to-buy-verizon-stock-7point5-pct-dividend-yield-with-low-risk?puc=yahoo&cm_ven=YAHOO&yptr=yahoo