Verizon earnings meet estimates; strike poised to hurt current quarter

People demonstrate outside a Verizon wireless store during a strike in New York, U.S., April 18, 2016. REUTERS/Shannon StapletonMoreBy Malathi Nayak and Sai Sachin R
(Reuters) – Verizon Communications Inc said profit in the first quarter met expectations as strong tablet sales helped it add new subscribers, though an ongoing strike by its wireline workers was expected to hurt earnings in the current quarter.
Still, the No. 1 U.S. wireless carrier stood by its full-year profit forecast. The