Wow, VZ financial results su-k less than people expected. As such, even after a big gain today, VZ stock is DOWN "ONLY" 15% YTD (compared to S&P 500 being UP 10% YTD). Overall, revenue and earnings are both DOWN year-over-year (just not as far down as many analysts projected).
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Creative accounting.
Even a dead cat bounces if you drop it from high enough
Verizon beats Q3 earnings expectations, raises guidance
Wireless Subscriber Growth Top Estimates
Raised Cash Flow Outlook
It's all how you spin it......
Stock is up 10% right now, based on today’s results.
Well, it's reversing trend. It's a start.
Did you want the stock to continue to tank?
I knew Han’s beautiful vision of 5g would pay off I just knew it!