Skip to main content
Publish date:

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.

Verizon (VZ) - Get Verizon Communications Inc. 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.

TheStreet Recommends