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Verizon posts higher profit, affirms 2012 outlook

LONDON (MarketWatch)
Verizon Communications Inc. on Thursday reported a second-quarter net income attributable to Verizon of $1.8 billion, or 64 cents a share, up from $1.6 billion, or 57 cents a share, a year earlier
Revenue rose to $28.6 billion from $27.5 billion, a year ago
Analysts polled by FactSet Research were looking for a profit of 64 cents a share on revenue of $28.6 billion
The company said it remains on track to meet its goal of delivering "solid double-digit earnings growth" in 2012

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