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These Analysts Revise Their Forecasts On Verizon After Q3 Results
VZVerizon(VZ) Benzinga·2024-10-24 02:03

Verizon Communications Inc VZ reported mixed fiscal third-quarter results on Tuesday.Its sales growth was flat year over year, reaching $33.33 billion, marginally missing the analyst consensus estimate of $33.43 billion. Service and other revenue growth was offset by declines in wireless equipment revenue. Adjusted EPS of $1.19 beat the analyst consensus estimate of $1.18.Postpaid phone net additions were 239,000. Verizon’s retail postpaid net additions were 349,000. The quarter saw 389,000 total broadband ...