Verizon?s Q2 2012 Results: Revenues Of $28.6B, Earnings Of $0.64 Per Share

Verizon just released its fiscal Q2 2012 earnings, and they?re about as solid as many have come to expect from the telecom company. It reported diluted earnings of $0.64 per share (that?s up 12.3% year-over-year) on revenues of $28.6 billion (up 3.7% year-over-year). Verizon's operating income also jumped considerably over last year: $5.7 billion, up from $4.9 billion in Q2 2011. As it turns out, analyst expectations were almost right on the money ? the consensus as reported by Bloomberg was for earnings of $0.64 per share on revenues of $28.5 billion.

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