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Stock impact report

Is Verizon Stock a Buy After First-Quarter Earnings? [Yahoo! Finance]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Yahoo! Finance
With that, the stock fell amid higher-than-expected cancellations. Nonetheless, Verizon's long-term problems are likely the issue weighing on its stock performance. Until the company addresses those, the telecom stock is likely to struggle. Here's why. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » At first glance, Verizon delivered a stock performance that was consistent and typical for a mature company such as this. The $33.5 billion it earned in revenue was 1.5% higher than the year-ago level. Also, Verizon held the line on operating expense growth, limiting it to 0.2%. Despite lower income from other sources and higher income tax expenses, Verizon delivered just under $5 billion in quarterly net income , a 5.5% increase from the same quarter in 2023. Moreover, what was probably the most impressive number was free cash flow, which climbed to $3.6 billion in Q1, up from $2.7 billion in Show less Read more
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