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Evaluating Financial Performance Of GTE

Part 1 of Paper
....the operating health of GTE telephone company GTE, known for years as poorly run company GTE through some well-timed transformation has become one of the leading, profitable and largest local telephone company with combined wireline and wireless operations reaching about a third of U.S. population. Since 1992, GTE off....

Part 2 of Paper
....etitors listed. The company’s boosting margins and overall returns are clearly pictured from the Net Profit Margin of 2.1%, a nice 36% improvement over the prior year. The company announced a plan to streamline its telecom operation by reducing expenses by $1.1 billion. The article estimates an increase in Earnings per Share from $3.18 to $4.5. GTE’s P/E Ratio of 15 is in par with its competitors. The detail description of the company’s past performance and current management strategies o....

Number of words: 349 - Approximate pages: 2

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