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   Technology StocksVerizon Communications (VZ)


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To: Ms. Baby Boomer who wrote (1769)1/21/2019 8:58:51 AM
From: Ms. Baby Boomer
   of 2073
 
Oh well...

No picture of the Blood Moon, conditions were poor...

Hazy and jet trails crossing in front of the Moon...

Monday, Monday....

M

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From: JakeStraw1/23/2019 3:33:04 PM
1 Recommendation   of 2073
 
Verizon Media Group is laying off 7% of its staff
cnbc.com

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To: Ms. Baby Boomer who wrote (1768)1/25/2019 10:42:04 AM
From: Ms. Baby Boomer
   of 2073
 
The Disruption continues all over the City streets...

Sure the people that R working aren't thrilled getting
stuck in traffic...

Have a nice weekend....

M

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To: Ms. Baby Boomer who wrote (1772)1/28/2019 12:28:26 PM
From: Ms. Baby Boomer
   of 2073
 
Moto reporting "Loss of Service"...

Followed by Hello Verizon...

This is the second time there has been a Verizon Wireless outage...

At least they didn't knock out the Internet <g>....

M

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From: Ms. Baby Boomer1/29/2019 9:59:32 AM
   of 2073
 
Verizon sees no increase in 2019 profit,
misses fourth-quarter revenue estimate.



(Reuters) - Verizon Communications Inc (NYSE: VZ) on Tuesday missed quarterly revenue estimates, but added almost twice as many new wireless subscribers as analysts expected.

The company forecast that adjusted earnings per share for this year would be similar to 2018, and that it expected low-single-digit percentage growth for total revenue for the full year.

Shares of Verizon, the largest U.S. wireless carrier by subscribers, were down 3 percent to $53.40 before the bell.

Craig Moffett, an analyst with MoffettNathanson, said Verizon's outlook for profit to be unchanged may cause investors to wonder whether its best days are behind it.

"They're guiding flat EPS year-over-year, at a time when GDP is growing strongly and competitive intensity is so benign. It's not very inspiring," he said.

Total operating revenue rose 1 percent to $34.28 billion in the fourth quarter, missing the average analyst estimate of $34.44 billion, according to Refinitiv data.

The company forecast an increase in 2019 capital spending in the range of $17 billion to $18 billion, including expanding commercial launch of its 5G wireless technology, from $16.7 billion last year.

Verizon launched 5G home internet in four cities last October, and claimed to be the first to offer a commercial 5G product in the United States amid heated competition between major carriers. 5G offers faster wireless data speed.

The company said in December it was working with Samsung Electronics (KS: 005930) Co Ltd to launch 5G-enabled smartphones in the first half of 2019.

Verizon, which has 118 million wireless customers, said it added a net 653,000 so-called "postpaid" phone subscribers during the fourth quarter, beating the average estimate of 355,600, according to research firm FactSet.

Analysts pay attention to "postpaid" customers, or those with a recurring bill, because they are more valuable to carriers and remain with the company longer than prepaid customers.

The company lost 46,000 Fios video subscribers during the quarter, more than the 29,000 it lost last year, as viewers leave for cheaper internet television rather than pay for pricier cable packages. Analysts looked for 51,000 losses.

Net income attributable to the company fell to $1.94 billion, or 47 cents per share, in the quarter, from $18.78 billion, or $4.56 per share, a year earlier, when it recorded a $16.8 billion one-time benefit from the U.S. tax overhaul.

Revenue for the Verizon Media Group, formerly called Oath and includes Yahoo (NASDAQ: AABA) and AOL, was $2.1 billion during the quarter, down 5.8 percent from the prior year.

Excluding items, Verizon earned $1.12 per share, above the average estimate of $1.09 per share, according to IBES data from Refinitiv.



investing.com

M

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To: Ms. Baby Boomer who wrote (1774)1/29/2019 10:19:21 AM
From: Ms. Baby Boomer
   of 2073
 
P.S.: The first few paragraphs of Verizon's earnings report did not post correctly, even though the Edit page was fine....

M

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From: Ms. Baby Boomer1/29/2019 11:42:35 AM
   of 2073
 
Verizon Plans Multiple Ad Plays
Leading to Super Bowl
Commercial...


If Verizon gets its way, its Super Bowl advertising plans will include a 60-second commercial during the game – and a half-hour documentary that gives viewers even more of what will be discussed in the ad.

The telecommunications giant is often scrutinized for the communications resources it provides its customers, but its Super Bowl campaign will highlight service of a different kind. The campaign kicks off Sunday with a 60-second TV ad that airs during the NFL’s AFC and NFC championship game, and tells stories of 12 NFL stars – one coach and 11 players – who were rescued from car accident, natural disasters, house fires and more by first responders. That group will be dubbed “The Team That Wouldn’t Be Here.”

The goal is to highlight the reliability of Verizon’s service, says Diego Scotti, Verizon’s chief marketing officer and aligning with rescue workers can play a role in driving that message home. “We want to make sure that continues to our big point of differentiation,” he said. Verizon burnished a similar theme in an ad it placed in Super Bowl LIII in 2018 – marking a return to the big event after a seven-year absence.

The company is in negotiations to air a half-hour documentary as part of the run-up to the Super Bowl, Scotti says. It is produced by Peter Berg and will premiere in Atlanta on Thursday, January 31.

The company will donate up to $1.5 million to First Responders Outreach a group that provides grants for emergency relief, training, and equipment for first responders, giving a dollar for each time someone shares a Verizon social post with a special hashtag on Facebook or Twitter or posts on Twitter with the hashtag.

“The moment the country is in right now, paying homage to others who serve or people who serve others is really an important message,” says Scotti....

variety.com

M

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From: Ms. Baby Boomer1/29/2019 12:10:51 PM
   of 2073
 
Verizon (VZ) Gets a Hold Rating from
Oppenheimer...


In a report released today, Timothy Horan from Oppenheimer maintained a Hold rating on Verizon ( VZ). The company’s shares opened today at $53.62.

Horan observed:

“Verizon’s 4Q18 revenue of $34.3B came in in line with estimates but on 60 bps less EBITDA margin at $11.6B vs our $11.8B. The miss stemmed from higher opex in wireline. $1.12 matched our estimate and beat the Street’s $1.09E, but guidance is for a 2% or so decline this year. Wireless previously reported good phone-only metrics, with 653 phone-only net adds vs. 350 expected on churn of 0.82% vs. 0.76% expected. ARPUs were somewhat muted in the quarter, likely due to an increase in new customers on cheaper plans, though we believe that churn and ARPUs will benefit from bucketed unlimited plans, particularly as we enter the 5G era, as well as well-bundled plans.”

According to TipRanks.com, Horan is a top 100 analyst with an average return of 14.7% and a 68.8% success rate. Horan covers the Technology sector, focusing on stocks such as Interxion Holding NV, Boingo Wireless Inc, and Zayo Group Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verizon with a $60.67 average price target....

smarteranalyst.com

M

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To: Ms. Baby Boomer who wrote (1773)1/30/2019 12:32:24 PM
From: Ms. Baby Boomer
   of 2073
 
Hmmm...

On the other hand, Whitey named after the Yankees Whitey Ford,
and is 4G didn't say anything...

Moto is too smart for her own good....

Later,

M

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From: Ms. Baby Boomer2/24/2019 10:42:43 AM
   of 2073
 
Barcelona - Mobile World Congress 2019

Unveiling Next Generation Technology....


tradefair.co.uk

M

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