Verizon reported Q4 FY 2016 earnings of $0.86 per share (versus $0.89 in Q4 FY 2015), missing analysts’ consensus estimate of $0.89.
The company’s quarterly revenues amounted to $32.340 bln (-5.6% y/y), generally in-line with analysts’ consensus estimate of $32.123 bln.
VZ fell to $51.00 (-2.69%) in pre-market trading.
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