Company News: Verizon (VZ) posts Q1 earnings in line with analysts' estimate

Market news

24 April 2018

Company News: Verizon (VZ) posts Q1 earnings in line with analysts' estimate

Verizon (VZ) reported Q1 FY 2018 earnings of $1.11 per share (versus $0.95 in Q1 FY 2017), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $31.772 bln (+6.6% y/y), beating analysts' consensus estimate of $31.251 bln.

VZ rose to $50.00 (+2.75%) in pre-market trading.

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