Verizon Communications (NYSE:VZ) reported quarterly earnings of $1.30 per share which beat the analyst consensus estimate of $1.27 by 2.36 percent. This is a 6.56 percent increase over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $34.253 billion which missed the analyst consensus estimate of $35.111 billion by 2.44 percent. This is a 0.73 percent decrease over sales of $34.504 billion the same period last year.