Verizon Communications Reports First Quarter Results

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Verizon Communications Intrinsic Value – Verizon Communications($NYSE:VZ) reported first quarter results today, and while the results were positive, some analysts are concerned about the long-term prospects for the company. Specifically, JR Research noted that Verizon’s wireless business is facing “intense competition” and that this could impact the company’s market share and earnings in the future. While it’s impossible to say for sure how this will play out, it’s certainly something that investors will be watching closely.

Share Price

On Monday, Verizon Communications stock opened at $43.0 and closed at $43.3, up by 0.2% from prior closing price of $43.2. The results were in line with analysts’ expectations. Overall, the company’s results were strong, driven by growth in its wireless and wireline businesses.

VI Analysis – Verizon Communications Intrinsic Value

Verizon Communications is a leading telecommunications company with a long history of delivering innovative and reliable services. The company’s fundamentals reflect its long-term potential and the company is currently trading at a discount to its fair value. The fair value of Verizon Communications shares is around $57.2, calculated by VI Line. The company’s stock is currently trading at $43.3, which represents a discount of 24%.

Summary

Verizon Communications today reported first-quarter results, … population now covered. “Verizon had another strong quarter, with solid revenue and earnings growth,” said Verizon Chairman and CEO Lowell McAdam. “Our focus on delivering a great customer experience is paying off, as evidenced by our wireless business, which continues to grow customers and generate industry-leading profitability.” Looking ahead, Verizon is confident that it can continue to grow its business and generate strong financial results. The company is investing heavily in its network and expanding its reach with its FiOS fiber-optic service. In addition, Verizon is working to build its suite of digital media and entertainment offerings with its AOL and Yahoo acquisitions. With these investments, Verizon is positioned for continued success in the quarters and years ahead.