Company News: Verizon (VZ) Q3 EPS beat analysts’ estimate

Market news

20 October 2016

Company News: Verizon (VZ) Q3 EPS beat analysts’ estimate

Verizon reported Q3 FY 2016 earnings of $1.01 per share (versus $1.04 in Q3 FY 2015), beating analysts' consensus estimate of $0.99.

The company's quarterly revenues amounted to $30.937 bln (-6.7% y/y), missing analysts' consensus estimate of $31.066 bln.

VZ fell to $49.12 (-2.50%) in pre-market trading.

US regional manufacturing conditions continued to improve

U.S.: Continuing Jobless Claims, 2057 (forecast 2050)

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