Verizon reports strong Q3 financial results, increases guidance

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Verizon Communications (VZ) Tops Q3 EPS by 3c, Updates FY Guidance

October 21, 2020 7:32 AM EDT

Verizon Communications (NYSE: VZ) reported Q3 EPS of $1.25, $0.03 better than the analyst estimate of $1.22. Revenue for the quarter came in at $31.5 billion versus the consensus estimate of $31.59 billion.

Outlook and guidance

Based on three quarters of resilient earnings and projected trends into fourth-quarter 2020,... More