Verizon Communications Q2 adjusted earnings Beat Estimates

Verizon Communications (VZ) reported earnings for its second quarter that climbed from the same period last year.

The company's bottom line totaled $5.95 billion, or $1.40 per share. This compares with $4.84 billion, or $1.13 per share, in last year's second quarter.

Analysts had expected the company to earn $1.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.9% to $33.76 billion from $30.45 billion last year.

Verizon Communications earnings at a glance:

-EPS (Q2): $1.37 vs. $1.18 last year.
-Analysts Estimate: $1.29
-Revenue (Q2): $33.76 Bln vs. $30.45 Bln last year.

Full year EPS guidance: $5.25 to $5.35

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