Earnings Preview: Verizon
Posted on January 20, 2012 at 11:20 AM EST
The largest U.S. mobile service provider Verizon Communications (NYSE:VZ) is slated to release its fourth quarter and fiscal 2011 earnings on January 24, before the opening bell. The current Zacks Consensus Estimate is pegged at 54 cents for the fourth quarter, representing a year-over-year decrease of 0.27% while for fiscal 2011 it stands at $2.17, [...]

The largest U.S. mobile service provider Verizon Communications (NYSE:VZ) is slated to release its fourth quarter and fiscal 2011 earnings on January 24, before the opening bell. The current Zacks Consensus Estimate is pegged at 54 cents for the fourth quarter, representing a year-over-year decrease of 0.27% while for fiscal 2011 it stands at $2.17, representing a substantial increase of 18.49% from the prior year.
With respect to surprises, Verizon had a 1.27% average positive earnings surprise … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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