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Ekonomické zprávy
25.01.2022

Company news: Verizon (VZ) quarterly earnings beat analysts’ forecasts

Verizon (VZ) reported Q4 FY 2021 earnings of $1.31 per share (versus $1.21 per share in Q4 FY 2020), beating analysts’ consensus estimate of $1.28 per share.

The company’s quarterly revenues amounted to $34.100 bln (+1.8% y/y), roughly in line with analysts’ consensus estimate of $33.984 bln.

Also, the company issued upside guidance for FY 2022, seeing EPS of $5.40-5.55 versus analysts’ consensus estimate of $5.39.

VZ rose to $53.29 (+0.62%) in pre-market trading.

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