Verizon earnings and revenue rise, top expectations

A previous version of this story incorrectly stated Verizon’s adjusted earnings per share for the first quarter. It has been corrected.

The company reported first-quarter net income of $5.4 billion, or $1.27 a share, up from $4.3 billion, or $1.00 a share, a year earlier. Total revenue for Verizon’s first quarter rose to $32.9 billion from $31.6 billion a year earlier, whereas analysts were expecting $32.5 billion.In Verizon’s consumer business, the company saw 326,000 retail postpaid net losses and 225,000 phone net losses. Verizon’s total retail postpaid churn was 0.97%, while retail postpaid phone churn was 0.77%.

Verizon’s first-quarter capital expenditures amounted to $4.5 billion, including $40 million of items related to C-Band wireless spectrum.

If they missed on both top and bottom it would have probably gone up. Unbelievable

And the price goes down lol... tell investors your drilling for oil and have no chance of finding any = 50% rise in share price.

dogecoin to the moon

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

This is what major analysts are saying about Facebook's first-quarter earningsFacebook beat expectations for earnings and revenue, with results for average revenue per user coming in well above projections.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Tesla Rises On ‘Monster’ Expectations As Stocks Gear Up For Big Earnings WeekRoughly 40% companies in the S&P 500 are set to report quarterly results this week. Hi TravelGov do you have any idea about Mr. Biden's plan POTUS for legal immigrants, especially Diversity lottery programe? We're thousands of DV2021 and no doubt you are too late to cover all of us, we losses our chances because of you SecBlinken CassSunstein AILANational
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »