4-19-12-Verizon (NYSE:VZ) reported Q1 EPS of $0.59, beating estimates by a penny.Revenues in the quarter rose 4.6% year-over-year to $28.2 billion, inline with estimates.SmarTrend currently has Verizon Communications in a Downtrend. Since 2008, SmarTrend subscribers trading Verizon Communications using our alerts outperformed the stock by 39%. We are monitoring these developments and will alert subscribers to any change in trend.