• Company News: Verizon (VZ) quarterly earnings beat analysts’ forecast

Market news

19 October 2017

Company News: Verizon (VZ) quarterly earnings beat analysts’ forecast

Verizon (VZ) reported Q3 FY 2017 earnings of $0.98 per share (versus $1.01 in Q3 FY 2016), beating analysts' consensus estimate of $0.97.

The company's quarterly revenues amounted to $31.700 bln (+2.5% y/y), generally in-line with analysts' consensus estimate of $31.446 bln.

VZ rose to $49.70 (+2.16%) in pre-market trading.

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