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flag Palogic slightly cut its Verizon holdings, but Verizon reported strong Q1 earnings, exceeding analyst expectations.

flag Palogic Value Management L.P. has slightly reduced its holdings in Verizon Communications Inc. by selling 250 shares, now owning 20,840 shares valued at $945,000. flag Despite this, Verizon reported a strong first quarter with a 5.2% increase in revenue and earnings per share of $1.22, beating analyst expectations. flag The company has set a FY 2025 EPS guidance of 4.636-4.728, aligning with analysts' current-year forecast of 4.69 EPS.

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