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

Market news

1 August 2019

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

Verizon (VZ) reported Q2 FY 2019 earnings of $1.23 per share (versus $1.20 in Q2 FY 2018), beating analysts’ consensus estimate of $1.23.

The company’s quarterly revenues amounted to $32.071 bln (-0.4% y/y), missing analysts’ consensus estimate of $32.420 bln.

VZ rose to $55.95 (+1.23%) in pre-market trading.

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