Verizon’s Q3 EPS tops expectations at $0.77 on $30.3 billion in sales

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/WQ5HhmO0OeiIJWjcK_KQCw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/verizon-sign-128.jpeg (http://news.yahoo.com/verizon-q3-eps-tops-expectations-0-77-30-114531830.html)Following solid earnings in the second quarter that narrowly topped the Street’s expectations, Verizon Communications on Thursday reported its third-quarter results ahead of the bell. Analysts polled by FactSet expected the nations largest carrier to post a profit of $0.74 per share for the September quarter, and their revenue consensus sat at $30.15 billion. Verizon beat expectations, however, reporting earnings of $0.77 per share, up more than 20%, on $30.3 billion in sales. In the same quarter last year, Verizon earned $0.64 per share on revenue that totaled $29.01 billion. The carrier said that at the end of the third quarter it was home to 101.5 million total retail connections, including-95.2 million retail postpaid connections. Verizon added 927,000 net retail



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