Verizon Communications Inc
VZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W<v | LOCK|@Lvc | LOCK|x@&$CMR |
Verizon Earnings: Price Increases Drive Solid Financial Results Amid Soft Customer Metrics
Verizon posted solid first-quarter financial results amid weak customer metrics. Wireless service revenue increased 2.7% compared with a year ago, despite the loss of 289,000 net postpaid wireless phone customers during the quarter. EBITDA increased 4%, the fastest pace in nearly four years.
