Verizon Communications delivered 3rd-quarter outcomes that mainly defeat anticipations and maintained its money forecast. That will not seem to be more than enough for the market—and it seems even worse when compared with
AT&T
(T).
Stripping out just one time products,
Verizon
reported earnings of $1.32 per share, topping analyst anticipations of $1.29 for each share but down from $1.41 a calendar year ago. Revenue of $34.2 billion was bigger than the $33.8 billion analysts had predicted.
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