Superstorm Sandy Bruises Verizon in 4Q

Details

Description
Earnings HQ: FBN’s Diane Macedo breaks down VZ’s fourth quarter earnings report.
Duration 0:31
Date Jan 22, 2013

This transcript is automatically generated

Everyone I'm Diane this data we have earnings in now from Verizon Communications a Telecom companies reporting an adjusted profit.

Of 38 cents a share that tops the estimate for fifty cents a share.

That -- that came in below the estimate rather for fifty cents a share revenue was thirty point 05 the estimate there was for 29.

Point 83 billion dollars -- and says a year end Smartphones accounted.

For more than 58% of retail post paid customer phone -- up from 53%.

In the third quarter --