Company News: Verizon (VZ) quarterly results beat analysts’ forecasts

Market news

24 July 2020

Company News: Verizon (VZ) quarterly results beat analysts’ forecasts

Verizon (VZ) reported Q2 FY 2020 earnings of $1.18 per share (versus $1.23 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.15 per share.

The company’s quarterly revenues amounted to $30.400 bln (-5.2% y/y), beating analysts’ consensus estimate of $29.976 bln.

VZ fell to $55.70 (-0.27%) in pre-market trading.

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