Monday, April 30, 2007

Verizon quarterly profit falls

(Reuters) - Earnings per share from continuing operations was 51 cents, or 54 cents on an adjusted basis, compared to 46 cents in the first quarter of 2006, the No. 2 U.S. phone company said.

That was in line with analysts' expectations of 54 cents in adjusted earnings per share before discontinued items, according to Reuters Estimates.


Read more at Reuters.com Business News

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