Verizon Communications (VZ)
(Delayed Data from NYSE)
$39.68 USD
+0.46 (1.17%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $39.65 -0.03 (-0.08%) 5:52 PM ET
3-Hold of 5 3
B Value D Growth A Momentum B VGM
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$39.68 USD
+0.46 (1.17%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $39.65 -0.03 (-0.08%) 5:52 PM ET
3-Hold of 5 3
B Value D Growth A Momentum B VGM
Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
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Why Verizon (VZ) Could Beat Earnings Estimates Again
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Verizon (VZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.