Verizon Communications (VZ) Reports In-Line Q3 EPS

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Verizon builds on 2Q momentum with strong 3Q results

October 19, 2017 7:30 AM EDT

NEW YORK, Oct. 19, 2017 /PRNewswire/ --

3Q 2017 highlights

89 cents in earnings per share (EPS), compared with 89 cents in 3Q 2016; adjusted EPS (non-GAAP), excluding special items, of 98 cents in 3Q 2017, compared with $1.01 in 3Q 2016. Wireless: 603,000 retail postpaid net additions, including 486,000 postpaid smartphone net adds; retail postpaid churn of 0.97 percent, with strong customer loyalty demonstrated by retail postpaid phone churn of 0.75 percent -- less than 0.90 percent for the... More