The actions of Verizon Communications (VZ) fell Tuesday after a larger drop than the telephone subscribers prevailed over the results of the first quarter which exceeded the expectations of analysts.
Verizon posted a profit adjusted per share (BPA) of $ 1.19 on an operating turnover of $ 33.49 billion. The analysts interviewed by Visible Alpha expected respectively at $ 1.15 and 33.33 billion dollars.
The company has declared net -retailing telephone losses of 289,000 subscribers. Analysts expected a net loss of around 218,000 subscribers. Verizon added 339,000 broadband subscribers during the quarter, as it said its services continue to take market share in industry.
Last month, Verizon’s revenue director Frank Boulben said at a conference that new quarter subscribers “were likely to be gentle”, although he said that the forecasts of the wireless service income company increased by 2% to 2.8% this year.
Actions fell 2.5% shortly after opening the markets. They entered the day about 7% this year.
Verizon said its directives in full year, because the telecommunications giant declared it “always confident” in its ability to achieve its annual objectives, although current forecasts “reflect any hypothesis concerning the potential impacts of the evolving tariff environment”.
Update – This article has been updated with the latest information on the course of action and large -band subscribers.
