Verizon Earns A Stock Price Bump On Strong Op Metrics

8/2/19

By D.M. Martins Research, SeekingAlpha

Ahead of the opening bell, on the first day of August, Verizon (VZ) delivered what some could reasonably call "mixed second quarter results". Indeed, revenues of $32.1 billion missed consensus estimates by the widest marginsince early 2017. On the other hand, adjusted EPS of $1.23 topped expectations by three cents.

But what I believe justifies modest bullishness following the release of the earnings report lie beneath the surface.

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