Verizon Reports Increased Revenue, Flat Profit for Q3

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Seventy-eight percent of Verizon's postpaid phone base has now transitioned to unsubsidized plans, the company said Thursday. Royal Natl Bank Of Scotland Gru Plc stated it has 0.09% in Verizon Communications Inc. The company has a 50-day moving average of $48.45 and a 200-day moving average of $47.01.

Suncor Energy an integrated energy company.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings results on Thursday, July 27th.

In the media unit, Oath (the new name for holdings including AOL, Yahoo and Huffington Post), revenues were $2 billion, and the company said the integration of AOL and Yahoo is "ahead of internal expectations". They expect $1.13 EPS, down 14.39% or $0.19 from last year's $1.32 per share. The firm's revenue was up.1% compared to the same quarter previous year.

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On an adjusted-basis, earnings per share was 98 cents.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Brick Kyle Associate holds 0.62% or 10,861 shares. The ex-dividend date of this dividend is Friday, October 6th. "(VZ) Ex-Dividend Date Scheduled for October 06, 2017" published on October 05, 2017, published: "Verizon Communications to report earnings October 19" on October 18, 2017. Verizon Communications's payout ratio is now 60.51%. Sometimes the investor will just have to trust their research and instinct when purchasing shares. Royal Bank Of Canada restated a "hold" rating and set a $48.00 price objective on shares of Verizon Communications in a research note on Sunday, July 9th. As per Tuesday, August 11, the company rating was upgraded by MoffettNathanson. (The) reaffirmed a "neutral" rating on shares of Verizon Communications in a research report on Wednesday, June 28th. Finally, Goldman Sachs Group, Inc. The original version of this report can be viewed at Iberia Capital Partners downgraded the stock to "Underperform" rating in Monday, September 21 report. Verizon Communications now has a consensus rating of "Hold" and an average price target of $52.86. SILLIMAN CRAIG L. sold $27,657 worth of Verizon Communications Inc. (NYSE:VZ) by 12.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. Parsec Financial Management Inc sold 10,371 shares as the company's stock declined 7.66% while stock markets rallied. With the move the stock is now valued at $50.90.Investors studying the fundamentals might be conducting in-depth company research before deciding when to purchase a particular stock.

Several hedge funds have recently modified their holdings of VZ.

Ellis made his comments during a conference call with Wall Street analysts to discuss third-quarter results. Goelzer Inv holds 0.89% of its portfolio in Verizon Communications Inc. Keel Point LLC now owns 12,359 shares of the cell phone carrier's stock worth $552,000 after acquiring an additional 78 shares during the last quarter. Nottingham Advisors Inc. lifted its stake in shares of Verizon Communications by 0.5% in the 2nd quarter.

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