Verizon Communications (VZ) Tops Q1 EPS by 1c

Verizon Communications (NYSE: VZ) reported Q1 EPS of $1.20, $0.01 better than the analyst estimate of $1.19. Revenue for the quarter came in at $32.9 billion versus the consensus estimate of $33.61 billion.

GUIDANCE:

Verizon Communications sees FY2023 EPS of $4.55-$4.85, versus the consensus of $4.70. Total wireless service revenue growth2 3 of 2.5 percent to 4.5 percent.

For earnings history and earnings-related data on Verizon Communications (VZ) click here.

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