Verizon Communications (VZ) Stock Declines Ahead of Q4 Earnings Release

NEW YORK (TheStreet) -- Verizon Communications (VZ) stock is decreasing 1.47% to $44.21 on heavy trading volume on Wednesday afternoon before the company's 2015 fourth quarter financial results, due out before the market open on Thursday.

Shares of Verizon are being pressured by the overall market rout that was triggered by low oil prices.

The communications and entertainment company is expected to report a year-over-year increase in earnings per share and revenue tomorrow.

Analysts have estimated earnings of 88 cents per share on $34.06 billion in revenue for the latest quarter.

Last year, Verizon posted earnings of 71 cents per share on $33.19 billion in revenue for the 2014 fourth quarter.

So far today, 18.17 million shares of Verizon have been traded, compared with its average daily volume of 13.49 million shares.

Separately, Verizon has a "buy" rating and a letter grade of B at TheStreet Ratings because of the company's increase in net income, revenue and earnings growth, good cash flow from operations, and expanding profit margins.

You can view the full analysis from the report here: VZ

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

VZ Chart VZ data by YCharts

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