With 63% ownership, Verizon Communications Inc. (NYSE:VZ) boasts of strong institutional backing [telecom]

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Verizon Communications already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Verizon Communications' earnings history below. Of course, the future is what really matters.

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Bill Horne
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