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April 20, 2017

With revenue of $29.8 billion, Verizon’s first quarter earnings fall short of analyst expectations

 Verizon just released its first quarter earnings results, with adjusted earnings per share of 95 cents on revenue of $29.8 billion.
Revenue (minus divestitures and acquisitions) is down 4.5 percent from the first quarter of 2016. The numbers also fall short of what analysts had been predicting: EPS of 96 cents per share on revenue of $30.5 billion.
Verizon says there was a net decline… Read More

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