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

Market news

26 January 2021

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

Verizon (VZ) reported Q4 FY 2020 earnings of $1.21 per share (versus $1.13 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.17 per share.

The company’s quarterly revenues amounted to $34.700 bln (-0.2% y/y), roughly in line with analysts’ consensus estimate of $34.474 bln.

VZ fell to $57.95 (-0.80%) in pre-market trading.

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