Earnings release · VZ
Verizon Communications Inc. · Filed · SEC Form 8-K, Item 2.02
Revenue climbed 1.5% year on year to $34.3 billion, and EPS rose 6.8% to $1.25. Sales and earnings both ahead of a year ago is generally the cleaner kind of result. The company lifted its guidance, which is usually read as management's view of coming periods improving.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
$34.3 billion +1.5% vs a year ago
…Total operating revenue was $34.3 billion, up 1.5 percent year-over-year.…
$1.25 +6.8% vs a year ago
…Earnings per share (EPS) was $1.25, up 6.8 percent year-over-year, driving Adjusted EPS¹ of $1.31, up 8.3 percent year-over-year.…
Guidance raised
…Company Raises Full-Year Guidance for Third Consecutive Qua…
Verizon posted its first positive Q1 postpaid adds since 2013. Frontier fiber convergence yields 30% lower churn on bundled customers, backed by a 6.1% yield and 21 consecutive annual dividend raises.
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