Earnings: Verizon Revs Miss Expectations; Broadband and Video Revenues Climb 52.9 percent

imageVerizon Communications (NYSE: VZ) reported second quarter earnings today of $1.88 billion or $0.67 in adjusted diluted earnings per share on $24.1 billion in revenue. Though revenue was up 3.7 percent year on year, analysts had forecast profits of $24.2 billion. EPS beat expectations by $0.02.

Earnings Highlights:

Wireless Revenues Up; Data Revs Surge: The company