24-01-2017 19:39 via feedproxy.google.com

Verizon slides after earnings miss (VZ)

Verizon Communications Inc. is down 4.56% at $50.02 a share after releasing disappointing fourth quarter results on Tuesday morning.
Verizon's operating revenue fell for the third straight quarter, to $32.34 billion, from $34.25 billion in the same period of 2015.
Net income attributable also fell to $4.5 billion, or $1.10 per share, in the quarter ended Dec. 31 from $5.39 billion, or $1.32 per share, a year earlier.
Excluding items, the company earned 86 cents per share, missing the averag
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