Inside VZ’s Results
Verizon (VZ ) reported Q1 earnings of $4.338 billion, or $1.02 per share, down from $5.986 billion, or $1.15 per share, last year. Analysts expected to see EPS of 95 cents.
Revenue increased 3.8% to $32 billion, which fell short of analysts’ estimate of $32.27 billion.
Will Internet-Based TV Options Cut Into Profits?
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.76%|
|VFINX||Vanguard 500 Index||1.12%|
The Bottom Line
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