What to Expect From Verizon Communications Inc. in 2018
Verizon's (NYSE: VZ) stock dropped 9% this year, underperforming the S&P 500's 17% gain by a wide margin. The telecom giant struggled with earnings misses, its first-ever decline in core wireless subscribers, free cash flow issues, and a murky outlook for its $4.5 billion acquisition of Yahoo's internet business. That's why analysts expect Verizon's revenue and earnings to respectively dip 1% and 3% this year.
But in fiscal 2018 (which starts in calendar 2018), Wall Street expects Verizon's revenue to rise 2%, and for its earnings to grow 3% -- solid growth rates for a stock that trades at just 12 times forward earnings. Let's take a look at what investors should expect from Verizon next year.
Image source: Getty Images.
Source: Fool.com
Verizon Communications Inc. Aktie
36,79 €
0,14 %
Starke Kaufneigung bei Verizon Communications Inc., mit mehr Buy- als Sell-Einschätzungen.
Für Verizon Communications Inc. ergibt sich ein leicht positives Potenzial, angesichts eines Kursziels von 40 € im Vergleich zu 36.79 €.
