Verizon Communications (VZ) Tops Q3 EPS by 1c, Offers Guidance
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Verizon reports strong 3Q results propelled by wireless customer growth
October 25, 2019 7:00 AM EDTHighest third-quarter phone gross adds in five years, increased wireless net additions and EPS growth
3Q 2019 highlights
Consolidated:
$1.25 in earnings per share (EPS), compared with $1.19 in 3Q 2018; adjusted EPS (non-GAAP), excluding special items, of $1.25, compared with $1.22 in 3Q 2018.Consumer:
Total revenue of $22.7 billion, an increase of 1.4 percent year over year.193,000 retail postpaid net additions, including 239,000 phone net additions, more than double the 112,000 phone net additions in third-quarter 2018, and 372,000 postpaid smartphone net additions.Total retail... More