Business: Verizon Company Earnings Rise, So Does Spending

Source: CNBC/Yahoo Finance

- Last modified: July 18, 2013 at 8:49 AM

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Verizon Communications Inc. (VZ) today reported second-quarter 2013 results before markets opened this morning. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.73 on revenues of $29.79 billion. In the same period a year ago, Verizon reported EPS of $0.64 and revenues of $28.55 billion. Second-quarter results also compare to the consensus estimates for EPS of $0.72 on revenues of $29.83 billion.

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