Friday, October 21, 2022

Verizon Q3 Adj. Profit Declines; Reaffirms 2022 Guidance

Verizon Communications Inc. (VZ) reported third quarter adjusted EPS of $1.32, a decline of 7.0% from prior year. Adjusted EBITDA was $12.2 billion, down 0.4%. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $1.29, for the quarter. Analysts' estimates typically exclude special items.

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