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Verizon: Q4 Earnings Snapshot
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Latest News – WTOP News
NEW YORK (AP) — NEW YORK (AP) — Verizon Communications Inc. (VZ) on Friday reported fourth-quarter earnings of $2.34 billion.…NEW YORK (AP) — NEW YORK (AP) — Verizon Communications Inc. (VZ) on Friday reported fourth-quarter earnings of $2.34 billion.
The New York-based company said it had net income of 55 cents per share.
Earnings, adjusted for severance costs and non-recurring costs, came to $1.09 per share.
The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The largest U.S. cellphone carrier posted revenue of $36.38 billion in the period, also beating Street forecasts.