Verizon Stock Slips on Earnings Beat. It’s not AT&T

Verizon Communications delivered third-quarter results that largely beat expectations and maintained its financial forecast. It doesn’t seem to be enough for the market – and it looks worse in comparison

AT&T

(T).

Removes disposable items,

Verizon

reported earnings of $1.32 per share, which topped analysts̵[ads1]7; expectations of $1.29 per share, but down from $1.41 a year ago. Revenue of $34.2 billion was higher than the $33.8 billion analysts had predicted.