Pacific Crest Upgrades Verizon Communications (VZ) to Outperform

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Go back to Pacific Crest Upgrades Verizon Communications (VZ) to Outperform

Analysts Say Verizon (VZ) Smartphone Fueled Growth Just Getting Started

October 19, 2012 10:56 AM UTC

In response to the companys Q3 earnings report, Jefferies reiterated a Buy rating on Verizon Communications (NYSE: VZ) and raised its price target to $52.00 (from $50.00).

Commenting on the company's future, analyst Thomas Seitz said "We believe, with its LTE advantage, wireless could materially... More

Verizon (VZ) Rides Smartphones Growth to Record Profitability in Q3

October 18, 2012 8:25 AM UTC

The largest wireless company in the U.S., Verizon Communications, Inc. (NYSE: VZ) released its third quarter results this morning. Though EPS missed Wall Street estimates by a penny, the report was mostly in line with estimates.

In the third quarter, Verizon had revenue of $20.91... More

Verizon Communications (VZ) Misses Q3 EPS by 1c; Revs Top

October 18, 2012 6:57 AM UTC

Verizon Communications, Inc. (NYSE: VZ) reported Q3 EPS of $0.64, $0.01 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $29.01 billion versus the consensus estimate of $28.99 billion.

Wireless highlights:7.5 percent year-over-year increase in service revenues in 3Q 2012; 7.9 percent year-over-year increase in... More