Verizon Communications (VZ) Q1 Earnings and Revenues Beat Estimates

Verizon Communications (VZ) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of$ 1.15 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.48%. A quarter ago, it was expected that this largest U.S. cellphone carrier would post earnings of$ 1.09 per share when it actually produced earnings of $1.10, delivering a surprise of 0.92%.Over the last f ...