TeleTrade - Analytics

    TeleTrade

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    21.01.2016 12:55 Company News: Verizon (VZ) Quarterly Results Beat Estimates

    Verizon reported Q4 FY 2015 earnings of $0.89 per share (versus $0.71 in Q4 FY 2014), beating analysts' consensus of $0.88.

    The company's quarterly revenues amounted to $34.254 bln ( 3.2% y/y), slightly beating consensus estimate of $34.118 bln.

    Verizon reaffirmed guidance for FY 2016, projecting EPS comparable to $3.99 (versus analysts' consensus of $3.97).

    VZ rose to $44.75 ( 0.74%) in pre-market trading.


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