Verizon (VZ) reported Q4 FY2022 earnings of $1.19 per share (versus $1.31 per share in Q4 FY2021), in line with analysts’ consensus estimate of $1.19 per share.
The company’s quarterly revenues amounted to $35.300 bln (+3.5% y/y), roughly in line with analysts’ consensus estimate of $35.144 bln.
Also, the company issued downside guidance for FY2023, seeing EPS of $4.55-4.85 versus analysts’ consensus estimate of $5.00.
VZ fell to $38.80 (-2.09%) in pre-market trading.
