Verizon Communications Inc
VZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >F | LOCK|q&x$ | LOCK|%l%vg% |
Verizon Earnings: Wireless Momentum Builds as SpaceX Maneuvering Continues
Verizon's revenue rose 1.5% in the third quarter but would have fallen about 3% adjusted for the Frontier acquisition. Lower phone sales drove most of the decline as the firm deemphasizes upgrades and subsidies. Core wireless and broadband revenue increased about 0.4%, also adjusted for Frontier.
