
Verizon Communications VZ.N shares up 0.5% to $39.16 with Q4 report slated before market open on Fri
The communications services co is expected to report Q4 EPS of $1.10 on revenue of $35.32 bln, per LSEG data, vs yr-ago results of $1.08 and $35.13 bln in revenue
VZ has met or beat EPS estimate in eight straight qtrs; on revenue side, VZ has met or beaten expectations in three of last eight qtrs
Of the 26 analysts that cover VZ, the breakdown of recommendations is 10 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell" ratings
Median price target of $47 is unchanged from a month ago
VZ shares down ~2% YTD vs 4.6% gain in Dow Industrials .DJI and 4.5% advance in S&P 500 communication services .SPLRCL sector
VZ options imply a 3.6% swing for the shares, in either direction, on Fri, according to options analytics service ORATS; that's lower than the stock's 4.3% 12-qtr avg post-earnings move