Investing.com - Verizon (NYSE:VZ) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Verizon announced earnings per share of $1.21 on revenue of $34.70B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $34.49B.
Verizon shares are down 0% from the beginning of the year and are trading at $58.42 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.64% from the start of the year.
Verizon follows other major Services sector earnings this month
Verizon's report follows an earnings missed by Netflix on Tuesday, January 19, 2021, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
T-Mobile US had beat expectations on Thursday, November 5, 2020 with third quarter EPS of $1 on revenue of $19.27B, compared to forecast for EPS of $0.4616 on revenue of $18.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar