Strong wireless customer growth and loyalty highlight Verizon’s 4Q results

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Go back to Strong wireless customer growth and loyalty highlight Verizon’s 4Q results

Verizon Communications (VZ) Tops Q4 EPS by 3c, Revenues Miss; Provides FY19 Outlook

January 29, 2019 7:06 AM EST

Verizon Communications (NYSE: VZ) reported Q4 EPS of $1.12, $0.03 better than the analyst estimate of $1.09. Revenue for the quarter came in at $34.3 billion versus the consensus estimate of $34.45 billion.

Consolidated:

47 cents in earnings per share (EPS), compared with $4.56 in 4Q 2017; adjusted EPS (non-GAAP), excluding special items, of $1.12, compared with 86 cents in 4Q 2017.

Wireless:

1.2 million retail postpaid net additions, including 653,000 phone net additions and 873,000 postpaid smartphone net additions.Retail postpaid churn of 1.08... More