These Analysts Revise Their Forecasts On Verizon After Q3 Results

Verizon Communications Inc VZ reported mixed fiscal third-quarter results on Tuesday.Its sales growth was flat year over year, reaching $33.33 billion, marginally missing the analyst consensus estimate of$33.43 billion. Service and other revenue growth was offset by declines in wireless equipment revenue. Adjusted EPS of $1.19 beat the analyst consensus estimate of$1.18.Postpaid phone net additions were 239,000. Verizon’s retail postpaid net additions were 349,000. The quarter saw 389,000 total broadband ...