Verizon Stock Climbs on Better-Than-Expected Earnings, Stronger Outlook
1. Verizon's earnings beat estimates with EPS of $1.22. 2. Company raised lower end of full-year profit growth projections. 3. Added 293,000 broadband subscribers, exceeding expectations. 4. Lost fewer wireless postpaid subscribers compared to last year. 5. Shares rose nearly 5% after earnings announcement.