Verizon Communications Inc. (NYSE:VZ) will release earnings for its first quarter before the opening bell on Monday, April 27.
Analysts expect the company to report quarterly earnings of $1.21 per share. That’s up from $1.19 per share in the year-ago period. The consensus estimate for Verizon’s quarterly revenue is $34.86 billion (it reported $33.48 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, Barclays analyst Kannan Venkateshwar, on March 31, maintained Verizon with an Equal-Weight rating and raised the price target from $43 to $47.
With the recent buzz around Verizon, some investors may be eyeing potential gains from the company’s dividends too. As of now, Verizon has an annual dividend yield of 5.99%, which is a quarterly dividend amount of 70.75 cents per share ($2.83 a year).
To figure out how to earn $500 monthly from Verizon, we start with the yearly …
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