Verizon Beats Q3 Earnings Expectations, But Oath Media Segment Falters

Dade Hayes, Deadline.com
Tue, 10/23/2018 - 5:44am

Verizon edged Wall Street expectations, reporting third-quarter earnings per share of $1.19, up 34% from the 89 cents it posted in the year-earlier period, or $1.22 excluding some special items. Analysts had predicted profit of $1.19 a share. Total revenue reached $32.6 billion, up nearly 3% from the third quarter of 2017, and also topped analysts’ consensus estimate. While there was some encouraging news in the numbers, the company’s media unit, Oath, continued to…

Topics: wall street analysts total oath verizon earnings expectations media share

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Verizon Beats Q3 Earnings Expectations, But Oath Media Segment Falters

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