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Verizon Q2 Adjusted Earnings Fall, Revenue Rises; Reiterates 2024 EPS Guidance; Shares Lower Pre-Bell
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Verizon Q2 Adjusted Earnings Fall, Revenue Rises; Reiterates 2024 EPS Guidance; Shares Lower Pre-Bell
Jul 22, 2024 4:51 AM

07:35 AM EDT, 07/22/2024 (MT Newswires) -- Verizon Communications ( VZ ) reported Q2 adjusted earnings Monday of $1.15 per share, down from $1.21 a year earlier.

Analysts polled by Capital IQ expected $1.15.

Total operating revenue for the quarter ended June 30 was $32.8 billion, up 0.6% from a year earlier, the company said.

Analysts surveyed by Capital IQ expected $33.05 billion.

The company said it continues to expect 2024 adjusted EPS of $4.50 to $4.70. Analysts polled by Capital IQ expect $4.57.

Verizon shares were down 2.8% in recent premarket activity.

Price: 40.04, Change: -1.58, Percent Change: -3.80

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