Verizon Q4 2014 Earnings Meet Expectations

Wayne Ellis

[woman holding smartphone]

Verizon Q4 2014 Earnings Meet Expectations (YahooFinance)

About one year ago today, Verizon announced that due to pension expenses and costs associated with Hurricane Sandy, it would post a $1.93 billion loss for the fourth quarter. It is a little surprising how things change in a year.  Verizon just reported Q4 net income of $31.07 billion (earnings of 66 cents per share), compared to Q4 2012 results of $30 billion in net income (earnings of 45 cents a share). These results were in line with analysts’ expectations. Net income for the quarter totaled $7.9 billion, while the company reported adding 1.7 new wireless subscribers, as well. That brings the total number of Verizon subscribers to 102.8 million. Nice rebound Verizon, now what do you have in store for 2014?

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