Verizon (VZ) Misses on Bottom Line, Stays Mum on Yahoo! (YHOO) Deal - TheStreet

Verizon Fourth Quarter Misses on Bottom Line, Stays Mum on Yahoo! Deal

Verizon shares are lower after the telecom giant missed fourth-quarter earnings and subscriber growth forecasts. Verizon earned 86 cents a share in the quarter, while Wall Street expected 89 cents.
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Verizon (VZ) - Get Reportshares are trading lower this morning after the telecom giant missed fourth-quarter earnings and subscriber growth forecasts. Verizon earned 86 cents per share in the quarter, while Wall Street expected 89 cents. Verizon's operating revenue fell for the third straight quarter, to $32.34 billion, from $34.25 billion last year.