Verizon Q1 beats analyst expectations with earnings per share of $1.22

Verizon Q1 beats analyst expectations with earnings per share of $1.22

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/04/23/verizon-q1-earnings/

Verizon just released its first quarter earnings report, with earnings per share that came in significantly ahead of analyst expectations, while revenue was right in line with predictions.

The company reported EPS of $1.22 per share (or $1.20 when adjusted to exclude a 2 cent benefit due to a pension re-measurement triggered by its recent voluntary redundancy program) and revenue of $32.1 billion, which was up 1.1 percent year-over-year. Analysts had predicted EPS of $1.17 and revenue of $32.15 billion.