$VZ Reports Q1 $1.26 v $1.22e, Rev $31.6B v $32.3Be; boosted bad debt expenses by $228M (Verizon Communications)

- Withdraws FY20 Rev outlook
- Cuts FY20 adj EPS -2% to +2% v $4.85e (prior FY20 adj EPS +2-4%)
(More at https://t.co/edtHxL28zs)