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Verizon Communications (VZ) Tops Q2 EPS by 3c

July 21, 2015 7:31 AM

Verizon Communications (NYSE: VZ) reported Q2 EPS of $1.04, $0.03 better than the analyst estimate of $1.01. Revenue was $32.2 billion, while the consensus was at $32.46 billion.

Guidance:

Regarding consolidated revenue outlook, Verizon expects a higher year-over-year growth rate in third-quarter 2015 than in second-quarter 2015. For the full year, the company estimates consolidated revenue growth of at least 3.0 percent. (The company was previously modeling 4.0 percent growth.)

Verizon Wireless Delivers Quality Customer Growth and Profitability

In second-quarter 2015, Verizon Wireless continued to deliver quality connections growth, low churn and strong profitability.

Wireless Financial Highlights

Wireless Operational Highlights

Wireline Consumer Revenue Growth Driven by FiOS

In the wireline segment, Verizon reported continued strong revenue growth for consumer services.

Wireline Financial Highlights

Wireline Operational Highlights

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

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