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Verizon's Positive Pricing Strategy Supports Future Growth, Broadband Growth to Rely on Fiber and Fixed Wireless: Analyst
VZVerizon(VZ) Benzinga·2024-10-22 18:08

Goldman Sachs analyst James Schneider maintained a Buy rating on Verizon Communications Inc VZ with a price target of 52.SchneidersummarizedVerizonsthirdquarterprint.Verizonsquarterlyresultsalignedcloselywithexpectations.Revenuewas52.Schneider summarized Verizon’s third-quarter print. Verizon’s quarterly results aligned closely with expectations.Revenue was 33.3 billion, matching Goldman Sachs’ estimate but slightly below the consensus of 33.5billion.AlsoRead:GenuinePartsQ3Earnings:IndustrialWeaknessAndEuropeDragOnProfit,MarginsShrink,LowersAnnualOutlookAdjustedEBITDAreached33.5 billion.Also Read: Genuine Parts Q3 Earnings: Industrial Weakness And Europe Drag On Profit, Margins Shrink, Lowers Annual OutlookAdjusted EBITDA reached 12.5 billion, just ...