Verizon Communications Inc. Earnings


Verizon Q4 revenue beats expectations 0

Verizon Communications Inc. (NYSE:VZ) closed up +1.55 points or 2.99% at $53.46 with 26.85 mln shares exchanging hands. Shufro Rose & Company Lc has invested 0.08% in Verizon Communications Inc. About 11.94 million shares traded. (NYSE:VZ). Eaton Vance Mngmt has invested 0.75% in Verizon Communications Inc. It has underperformed by 25.18% the S&P500.

Monetary Management Group Inc decreased General Dynamics (GD) stake by 86.35% reported in 2017Q3 SEC filing. The stock has "Sell" rating by Rosenblatt on Wednesday, January 3. General Dynamics now has $61.97 billion valuation. It has outperformed by 165.09% the S&P500.

Investors sentiment increased to 0.98 in Q3 2017. Its up 0.09, from 1.12 in 2017Q2. It increased, as 62 investors sold GWW shares while 157 reduced holdings. About 26.50 million shares traded or 57.74% up from the average.

Dana Investment Advisors Inc, which manages about $4.48B and $2.17 billion US Long portfolio, upped its stake in Allergan Plc by 2,405 shares to 13,409 shares, valued at $2.75M in 2017Q3, according to the filing. For the company as a whole, revenue for the full year was $126 billion, down about 2% excluding divestitures and acquisitions. Raymond James Trust Na holds 1.09% or 307,468 shares. Following the transaction, the executive vice president now owns 3,269 shares of the company's stock, valued at approximately $154,983.29.

Left plans impeachment motion against CJI Dipak Misra, hopes for Opposition consensus
The Congress is yet to reveal its cards, with sources claiming the lawyers within the party are divided. The budget session of Parliament will begin on January 29.

VZ has been the subject of several other research reports. Edgemoor Advisors owns 218,323 shares. FMR LLC owned 2.05% of Netflix, Inc. Meiji Yasuda Life Ins has invested 0.68% in Verizon Communications Inc. Eqis Cap Management holds 0.06% of its portfolio in Verizon Communications Inc. 148 were reported by Central National Bank Co. Lawrence Taylor W sold $690,304 worth of stock. The company was upgraded on Tuesday, January 3 by Citigroup. Wireline revenues increased a marginal 0.1 percent to Dollars 7.6 billion, as growth in business markets offset lower consumer revenues. Ishares Tr (ACWX) was raised too. Analyst's mean target price for TWTR is $20.97 while analysts mean recommendation is 3.10. Therefore 60% are positive. Royal Mail had 4 analyst reports since January 5, 2016 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, October 19 by Cowen & Co. The firm has "Equal-Weight" rating by Barclays Capital given on Monday, November 30. The company was maintained on Thursday, April 28 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with "Sector Perform" on Monday, July 31. The firm has "Hold" rating given on Friday, October 20 by SunTrust. (NYSE VZ) opened at $53.46 on Tuesday. The company was downgraded on Wednesday, July 27 by Hilliard Lyons.

Verizon's stock price showed little reaction to the company's earnings report. The cell phone carrier reported $0.98 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.98. Analysts were looking for EPS of $0.88 and revenues of $33.26 billion.

While looking at the Stock's Performance, Verizon Communications Inc. now shows a Weekly Performance of -0.38%, where Monthly Performance is -2.52%, Quarterly performance is 6.7%, 6 Months performance is 17.39% and yearly performance percentage is -0.86%.

Verizon Communications Inc is a holding company. Based on 9 analysts polled in the last 3 months, 3 are ready to take the bullish bet on Verizon stock with 6 playing it safe on the sidelines. Therefore 23% are positive. Fourth-quarter 2017 adjusted EPS included a net pre-tax loss from special items of about $2.6 billion: a severance and mark-to-market adjustment of pension and OPEB liabilities of $1.2 billion; and other items.

United Nations refugee agency seeks aid
They are now at risk of becoming acutely vulnerable at a time when numerous extremists are seeking recruits in the region. Today, UNRWA offers to approximately 5 million Palestine refugees services such as education, healthcare and housing.

Lodestar Investment Counsel Llc decreased Verizon Communications Inc. The company was downgraded on Thursday, December 14 by HSBC. The firm has "Outperform" rating by FBR Capital given on Wednesday, October 21. The firm has "Perform" rating given on Wednesday, July 20 by Oppenheimer. Stifel Nicolaus maintained the stock with "Hold" rating in Monday, August 21 report. (NYSE:VZ). Westchester Capital Inc holds 0% in Verizon Communications Inc. (NYSE:VZ) on Monday, September 7 to "Hold" rating. 96,742 are held by Beach Invest Counsel Pa. 101,501 were reported by Ibm Retirement Fund. Prelude Capital Management Limited Liability has 223 shares for 0% of their portfolio. Canada Pension Plan Investment Board now owns 10,704,239 shares of the cell phone carrier's stock valued at $478,051,000 after acquiring an additional 136,700 shares during the period. Caxton Associates LP bought a new stake in Verizon Communications in the 2nd quarter valued at about $607,000. (NYSE:VZ). Lipe & Dalton accumulated 0.17% or 4,862 shares.

ILLEGAL ACTIVITY WARNING: "Verizon Communications Inc". (NYSE:VZ). Needelman Asset Mgmt reported 15,999 shares. Pictet Asset Management Ltd who had been investing in Grainger W W Inc for a number of months, seems to be bullish on the $13.02B market cap company.

Following some medium-term indicators on shares of Netflix, Inc. (NASDAQ:MKSI) to report earnings on February, 1.

USA Gymnastics executive leaders resigning amid Nassar abuse scandal
During the sentencing hearing last week, Raisman said USA Gymnastics was a governing body that was "rotting from the inside". Nassar already has been sentenced to 60 years in federal prison on child pornography crimes .

Latest News