Is Verizon's Q2 Earnings Beat And Raise A Buy Or A Trap? (Rating Upgrade)
Verizon Communications Inc.'s ( VZ ) Q2 earnings beat and raise was an impressive feat. The company has reported non-GAAP EPS of 34.5 billion, outperforming the average consensus estimate of 33.7 billion, respectively. As a result, the Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expre ...