Verizon Forecasts Flat 2016 Earnings, Stock Falls

By | September 17, 2015

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Verizon Communications (VZ) on Thursday said it expects full-year 2016 earnings to be flat with this year, sending the wireless and FiOS TV provider’s stock down in early trading. “While well-positioned for the future, Verizon’s full-year 2016 earnings may plateau at 2015 levels as the company manages near-term impacts,” the company said in a release before CEO Lowell McAdam appeared at a Goldman Sachs investor conference. At the conference, McAdam Scalper1 News

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