Company News: Verizon (VZ) posts worse-than-expected quarterly results

Market news

20 April 2017

Company News: Verizon (VZ) posts worse-than-expected quarterly results

Verizon (VZ) reported Q1 FY 2017 earnings of $0.95 per share (versus $1.06 in Q1 FY 2016), missing analysts' consensus estimate of $0.96.

The company's quarterly revenues amounted to $29.814 bln (-7.3% y/y), missing analysts' consensus estimate of $30.411 bln.

VZ fell to $48.05 (-1.82%) in pre-market trading.

U.S.: Initial Jobless Claims, 244 (forecast 242)

Orders

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.