Verizon Communications (VZ) Surpasses Q4 Earnings and Revenue Estimates

Verizon Communications (VZ) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.92%. A quarter ago, it was expected that this largest U.S. cellphone carrier would post earnings of $1.18 per share when it actually produced earnings of $1.19, delivering a surprise of 0.85%.Over the last f ...