HFA Icon

Verizon Communications Inc. (VZ) Reports Q2 Earnings: EPS $0.73

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Verizon Communications Inc. (NYSE:VZ) released its earnings report for the second quarter of 2013 this morning before the market opened. The company showed earnings per share of $73 cents for the three months on revenue of $29.83 billion. Verizon Communications Inc. (NYSE:VZ) stock closed on yesterday's market trading at $50.74 per share.

Verizon

Optimism about the company's earnings sent share prices up after market and pre-market trading. Analysts following the wireless carrier were looking for earnings per share of 72 cents per share for the three months ending June 30. The same analysts were expecting to see the company show revenue of $29.8 billion for the period.

In...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.