Verizon Communications (VZ) Tops Q3 EPS by 2c
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Strong wireless profitability and customer loyalty, renewed Fios growth highlight Verizon's 3Q results
October 20, 2016 7:30 AM EDTNEW YORK, Oct. 20, 2016 /PRNewswire/ --
3Q 2016 highlights
Consolidated: 89 cents in earnings per share (EPS); adjusted EPS (non-GAAP) of $1.01, excluding non-operational items related to pension re-measurement and severance costs. Wireless: 442,000 retail postpaid net additions, including 357,000 new 4G LTE smartphones. Wireline: 90,000 Fios Internet net additions, 36,000 Fios Video net additions.Â
Third-quarter 2016 earnings at Verizon Communications Inc. (NYSE, Nasdaq: VZ) showed continued strong profitability and customer loyalty at Verizon Wireless, and renewed customer growth for Fios fiber-optic... More
