Verizon reported their Q4 earnings on January 23rd and it was a mixed bag at first.
Verizon (NYSE:VZ): Q4 EPS of $0.86 misses by $0.02.
Revenue of $33.96B (+5.0% Y/Y) beats by $700M.
Top line miss / bottom line beat. Hard to expect much growth from a big telecom, right? Short answer, no.
I want to give a quick analysis of where we are with earnings season. At a high level, earnings have been quite good for most companies and especially the ones I own. The tax plan enacted at the end of the year has given another growth catalyst to companies already making record profits.
As part of managing my holdings I have been reviewing the reports that have come in. Perhaps the biggest thing I am looking for is the 2018 guidance provided by management.
