Verizon Q1 Reported $0.59 Per Share

Verizon Communications Inc. (NYSE:VZ) announced its earnings today for the first three months of the year. The firm showed an earnings per share of $0.59 on revenue of $28.2 billion. In the same quarter last year the firm had lower earnings of $0.51 per share. Revenues in the same period were $26.99 billion. The company In the fourth quarter of last year the company reported losses of $2.02 billion.  In the previous three quarters of the year the company was profitable. It earned $1.44 billion, 1.68 billion and $1.38 billion in the first three quarters of the year in order….