Verizon earnings for the June quarter were $1.18 an adjusted share, including a 4-cent tax benefit. For the first half of the year, retail postpaid additions are down nearly 48% from 201,000 to 105,000.Consensus estimates for the third quarter call for EPS of $1.21 and revenue of $31.6 billion. However, wireless service revenue was mostly stable, much like AT&T reported, and benefited from 199,000 net new postpaid phone connections.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Verizon Communications Inc. reported second-quarter 2020 results before markets opened Friday.The telecom giant posted adjusted diluted earnings … Verizon Communications Inc. (NYSE: VZ) reported second-quarter 2020 results before markets opened Friday. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator Jul 24, 2020 9:15AM EDT Verizon Communications (VZ) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate …
Business unit revenue slipped 3.7% to $7.5 billion.Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Verizon Communications Inc. VZ is scheduled to report second-quarter 2020 results on Jul 24, before the opening bell. Realtime quote and/or trade prices are not sourced from all markets.© 2000-2020 Investor's Business Daily, Inc. All rights reservedIn the Verizon earnings report, consumer unit revenue fell 4% to $21.1 billion. ET. For the full year, analysts expect EPS of $4.75 and revenue totaling $127.7 billion.Verizon reaffirmed its existing guidance for adjusted EPS in a range of −2% to +2% and full-year capital spending in a range of $17.5 billion to $18.5 billion.Shares traded up about 2.7% at $57.42 early Friday. Zacks Equity Research July 22, 2020. Verizon Communications Inc. (VZ) has announced its Q2 earnings reflecting adjusted earnings per share of $1.18, beating analyst estimates of $1.15 despite a … The stock’s 52-week range is $48.84 to $62.22, and the consensus 12-month price target is $60.70. *Real-time prices by Nasdaq Last Sale. The telecom giant posted adjusted diluted earnings per share (EPS) of … Verizon Media revenue plunged over 24% to $1.4 billion.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.
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