Verizon Communications (VZ) Tops Q2 EPS by 8c; Raises Outlook
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Verizon reports increased 5G adoption and record 2Q performance
July 21, 2021 7:00 AM EDT2Q 2021 highlights
Consolidated:
$1.40 in earnings per share (EPS); adjusted EPS*, excluding special items, of $1.37.Operating revenue of $33.8 billion, a result of strong sequential wireless revenue growth.Net income of $5.9 billion and adjusted EBITDA* of $12.2 billion.Total Wireless:
Total wireless service revenue of $16.9 billion, a 5.9 percent increase year over year, and a 4.0 percent increase from second-quarter 2019.Total retail postpaid churn of 0.94 percent, and retail postpaid phone churn of 0.72 percent.528,000 retail postpaid net additions, including 275,000 phone net... More