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Market Impact: 0.42

Verizon Q1: Promising Customer Growth, Shares Attractive

Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsManagement & Governance

Verizon’s Q1 came in ahead of expectations and management raised full-year profit guidance. The company also reported growth in postpaid phone connections for the first time since 2013, signaling an improvement in core operating trends. The results are an early positive read-through for new CEO Dan Schulman.

Analysis

Verizon’s Q1 came in ahead of expectations and management raised full-year profit guidance. The company also reported growth in postpaid phone connections for the first time since 2013, signaling an improvement in core operating trends. The results are an early positive read-through for new CEO Dan Schulman.

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Market Sentiment

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strongly positive

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0.68