Apr 18th, 2013: A quick snapshot of Verizon Communications (VZ)'s top-line and bottom line results.
Financial Highlights: Improved margins, strong cash flows, continued momentum in gaining customers and increasing revenue in most lines-of-business
Total Revenue: Verizon Communications (VZ) reported Operating Revenue of $29.42B, which was a 4.2% improvement over the $28.24B reported last year. This was in line with the average forecast of $29.54B expected by analysts.
Net Income: VZ's Net Income of $4.8B was an impressive 24.3% higher than the $3.9B (Q1 of 2012) reported by the company.
EPS/Diluted: VZ's EPS/Diluted came in at $0.68, which was above the $0.66 estimated by stock analysts, and a 15.25% beat over the $0.59 reported last year.
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MarketConsensus Stock Analysis Team