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, still down 5.70% from its 52 week high of $61.95 set on December 2, 2020. 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 January 19, 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 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