Verizon's New Reporting Structure Deemed 'Investor Unfriendly' by KeyBanc

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  • KeyBanc has criticized the changes announced by U.S. telecom company Verizon (VZ) on Friday regarding its reporting structure, describing them as "investor unfriendly."
  • The research firm stated that Verizon's updated disclosures are "practically useless" for financial modeling purposes.
  • KeyBanc also noted concerns about the implications of these changes for investors, though further details were not provided.
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Source seekingalpha
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