Top Wall Street Forecasters Revamp Verizon Expectations Ahead Of Q2 Earnings

Verizon Communications Inc. VZ will release its financial results for the second quarter, before the opening bell on Monday, July 22.

Analysts expect the New York-based company to report quarterly earnings at $1.15 per share, down from $1.21 per share in the year-ago period. Domino's is expected to post revenue of $33.06 billion, compared to $32.6 billion a year earlier, according to data from Benzinga Pro.

Verizon is reportedly considering a significant move to sell thousands of mobile phone towers across the U.S.

Verizon shares fell 1.1% to close at $41.62 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and raised the price target from $45.5 to $46.5 on July 10. This analyst has an accuracy rate of 67%.
• Tigress Financial analyst Ivan Feinseth maintained a Buy rating and increased the price target from $50 to $52 on May 17. This analyst has an accuracy rate of 74%.
• Wells Fargo analyst Eric Luebchow maintained an Equal-Weight rating and cut the price target from $44 to $40 on April 23. This analyst has an accuracy rate of 68%.
• Oppenheimer analyst Timothy Horan maintained an Outperform rating with a price target of $48 on April 23. This analyst has an accuracy rate of 71%.
• Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $45 to $47 on Jan. 30. This analyst has an accuracy rate of 74%.

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