Verizon already disclosed that it reversed its negative subscriber trends in the fourth quarter, but there's more to be shared about the company's story.
Verizon Communications Inc. already disclosed that it reversed its negative subscriber trends in the fourth quarter, but there’s more to be shared about the company’s story.
What to expect Earnings: Analysts tracked by FactSet expect the company to post adjusted earnings per share of $1.19 for the fourth quarter, down from $1.31 a year before. According to Estimize, which crowdsources projections from hedge funds, academics and others, the average estimate calls for $1.22 a share.
Of the 28 analysts tracked by FactSet who cover Verizon’s stock, seven have buy ratings, 19 have hold ratings, and two have sell ratings, with an average price target of $44.34.