Verizon Communications (VZ) Tops Q4 EPS by 1c

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Verizon caps transformational year with strong, balanced 4Q results

January 21, 2016 7:00 AM EST

NEW YORK, Jan. 21, 2016 /PRNewswire/ --

4Q 2015 highlights

Consolidated

$1.32 in earnings per share (EPS), compared with a loss of 54 cents per share in 4Q 2014, including impacts in both quarters related to the annual actuarial valuation of benefit plans and mark-to-market pension adjustments. 89 cents in adjusted EPS (non-GAAP), a 25.4 percent increase compared with adjusted EPS of 71 cents in 4Q 2014.

Wireless

1.5 million net retail postpaid connections added in the quarter; 112.1 million total retail connections; 106.5 million total retail postpaid connections. 0.96 percent retail postpaid churn,... More