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Verizon fourth quarter earnings fall short of analyst expectations

Verizon fourth quarter earnings fall short of analyst expectations

January 24, 2017

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Verzion this morning reported adjusted fourth quarter earnings of 86 cents per share, on revenue of $32.3 billion.

On the earnings side, that falls short of what Wall Street analysts had expected — EPS of 89 cents per share and $32.1 billion in revenue. That also marks a 5.6 percent revenue decline from the fourth quarter of 2015.

Verizon said it added 591,000 postpaid wireless subscribers during Q4, compared to the 726,000 predicted by analysts.

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