Verizon's fourth-quarter adjusted earnings were unchanged year-over-year at 54 cents, missing analysts' consensus forecast by 1.1%. Its top-line figure, at just over $26 billion, met expectations. Verizon's wireless unit delivered outstanding metrics, gaining 872 thousand postpaid customers during the quarter, ending the quarter with more than 94 million customers and 8.1 million other connections, including machine-to-machine and telematics. Total churn dropped to 1.3%, indicating customer loyalty.
12-Month Sales Growth: 0.9%
12-Month Profit Growth: 2.2%
12-Month Stock Performance: 22%
3-Year Annualized Sales Growth: 4.5%
3-Year Annualized Profit Growth: -12%
3-Year Annualized Stock Performance: -2.2%
3-Year Annualized Dividend Growth: 4.9%
5-Year Annualized Dividend Growth: 3.5%
Bullish Scenario: Macquarie rates Verizon "outperform", forecasting a rise of 22% to $44. Bearish Scenario: Sanford Bernstein ranks Verizon "underperform", expecting a fall of 31% to $25.