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Verizon Communications, Inc. (VZ) Misses Q1 EPS by 3c

April 24, 2014 7:33 AM EDT

Verizon Communications, Inc. (NYSE: VZ) reported Q1 EPS of $0.84, $0.03 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $31.82 billion versus the consensus estimate of $30.7 billion.

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7.5 percent year-over-year increase in service revenues; 6.7 percent year-over-year increase in retail service revenues; 35.0 percent operating income margin; 52.1... More