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Consensus estimates have been heading south for phone companies ahead of Q4 earnings, with Verizon Communications (VZ) slated to kick off the reporting period before the open Thursday. Verizon’s Q4 profit is expected to grow 13% from Q4 2013, to 74 cents a shares, with revenue up 5% to $32.67 billion. Analysts polled by Thomson Reuters have lowered Verizon’s 2015 earnings estimate to $3.72 per share from $3.89 as of Oct. 1. “We continue to like Scalper1 News
Scalper1 News