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Verizon’s second-quarter earnings beat analysts’ estimates despite coronavirus – Source CNET Tech

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Verizon earnings beat expectations despite COVID-19. 


Angela Lang/CNET

Verizon’s second-quarter earnings beat analysts’ estimates on earnings per share and revenue, despite the coronavirus pandemic. 

In its second-quarter report released Friday morning, the telecom giant revealed that it had total revenues of $30.45 billion with earnings per share coming in at $1.13. When adjusted and excluding special items, earnings per share was $1.18, putting it ahead of analyst expectations of $1.15, according to Yahoo Finance.

Analysts expected revenue for the quarter to be $29.93 billion.

On the wireless side, Verizon said it added 352,000 net…

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