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

Market news

23 April 2019

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

Verizon (VZ) reported Q1 FY 2019 earnings of $1.20 per share (versus $1.11 in Q1 FY 2018), beating analysts’ consensus of $1.16.

The company’s quarterly revenues amounted to $32.128 bln (+1.1% y/y), generally in line with analysts’ consensus estimate of $32.133 bln.

VZ rose to $58.80 (+0.74%) in pre-market trading.

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