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© Reuters. Verizon earnings inline, Income beats in Q1Investing.com – Verizon (NYSE:) reported on Friday first quarter that matched analysts’ forecasts and income that topped expectations.
Verizon introduced earnings per share of $1.35 on income of $33.6B. Analysts polled by Investing.com anticipated EPS of $1.35 on income of $33.4B.
Verizon shares are down 10% from the start of the 12 months and are buying and selling at $54.25 , down-from-52-week-high.They’re under-performing the S&P International 100 which is down 5.62% 12 months to this point.
Verizon shares misplaced 1.38% in pre-market commerce the report.
Verizon follows different main Communication Providers sector earnings this month
Verizon’s report follows an earnings beat by AT&T on Thursday, who reported EPS of $0.77 on income of $38.11B, in comparison with forecasts EPS of $0.7485 on income of $38.25B.
Netflix had beat expectations on Tuesday with first quarter EPS of $3.53 on income of $7.87B, in comparison with forecast for EPS of $2.95 on income of $7.94B.
Keep up-to-date on all the upcoming earnings studies by visiting Investing.com’s earnings calendar
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