Strong wireless customer additions and cash flow highlight Verizon's 2Q and first-half 2020 results

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Verizon Communications (VZ) Tops Q2 EPS by 3c, Maintains FY Guidance

July 24, 2020 7:32 AM EDT

Verizon Communications (NYSE: VZ) reported Q2 EPS of $1.18, $0.03 better than the analyst estimate of $1.15. Revenue for the quarter came in at $30.4 billion versus the consensus estimate of $29.93 billion.

Total revenue of $21.1 billion, a decrease of 4.0 percent year over year.72,000 retail postpaid net additions,... More