Verizon Communications Inc

NYSE:VZ  
55.87
-0.08 (-0.14%)
4:00:00 PM EDT: $55.87 0.00 (0.00%)
Other Pre-Announcement

Verizon Reports Q2 Adj Earnings Per Share of $1.37 Excluding Items

Published: 07/21/2021 11:17 GMT
Verizon Communications Inc (VZ) - Verizon Reports Increased 5g Adoption and Record 2q Performance.
Q2 Adjusted Earnings per Share $1.37 Excluding Items.
Q2 Earnings per Share Estimate $1.30 -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share $1.40.
Verizon - Qtrly Operating Revenue of $33.8 Billion.
Verizon - Qtrly Total Wireless Service Revenue of $16.9 Billion, a 5.9 Percent Increase Year Over Year.
Q2 Revenue View $32.74 Billion -- Refinitiv Ibes Data (analyst estimates).
Verizon - Now Expects 2021 Adjusted EPS of $5.25 to $5.35.
Verizon - Now Expects Total Wireless Service Revenue Growth of 3.5 Percent to 4 Percent in 2021.
Verizon -qtrly Wireless Retail Postpaid Net Additions of 528,000, Including 275,000 Phone Net Additions, Resulting in 121.3 Million Total Retail Connections.
Verizon - Company is Withdrawing Its Service and Other Revenue Growth Guidance at This Time.
Verizon - Qtrly Wireless Total Retail Postpaid Churn of 0.94 Percent, and Retail Postpaid Phone Churn of 0.72 Percent.
FY2021 Earnings per Share View $5.14 -- Refinitiv Ibes Data (analyst estimates).