Verizon Stock Falls as $2B in One-Time Costs Drag Earnings Lower

Key TakeawaysVerizon shares fell Tuesday morning after the company's third-quarter revenue and net income came in below analysts' expectations.Adjusted profits narrowly beat estimates after accounting for over $2 billion in one-time costs.The telecommunications giant also affirmed its full-year outlook. Verizon (VZ) reported third-quarter results below analysts' expectations Tuesday morning, despite continuing to add wireless phone and internet subscribers. The telecommunications giant reported$33.33 billi ...