Verizon Communications Q3 Adj. EPS $1.31 Beats $1.27 Estimate, Sales $34.313B Miss $34.744B Estimate

Verizon Communications (NYSE:VZ) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.27 by 3.15 percent. This is a 8.26 percent increase over earnings of $1.21 per share from the same period last year. The company reported quarterly sales of $34.313 billion which missed the analyst consensus estimate of $34.744 billion by 1.24 percent. This is a 1.45 percent increase over sales of $33.821 billion the same period last year.