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

Market news

25 October 2019

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

Verizon (VZ) reported Q3 FY 2019 earnings of $1.25 per share (versus $1.22 in Q3 FY 2018), beating analysts’ consensus estimate of $1.23.

The company’s quarterly revenues amounted to $32.894 bln (+0.9% y/y), generally in line with analysts’ consensus estimate of $32.742 bln.

VZ rose to $61.20 (+1.02%) in pre-market trading.

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