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.

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Source: Fool.com