These Analysts Raise Their Forecasts On Verizon After Upbeat Q2 Results

Verizon Communications Inc. VZ reported better-than-expected second-quarter financial results and raised guidance on Monday. Verizon posted adjusted earnings of $1.22 per share, beating market estimates of $1.19 per share. The company's quarterly sales came in at $34.50 billion beating expectations of $33.57 billion. Total Verizon Business revenues were $7.3 billion, down 0.3% Y/Y. Total Verizon Consumer revenue rose by 6.9% Y/Y to $26.6 billion. Consumer wireless retail postpaid churn was 1.12%, and wirele ...