Verizon Stock Drops Amid Q3 Miss and Mixed Defense Sector Earnings

Reported about 1 month ago

Verizon's shares fell after the company reported third-quarter revenue that missed expectations and projected higher capital spending for 2025. The defense sector showed mixed results, with RTX posting a profit and raising its sales guidance, while Lockheed Martin fell short of revenue estimates. Additionally, Kimberly-Clark reduced its full-year sales forecast after disappointing quarterly results.

Source: YAHOO

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