Verizon Communications Q2 2024 Adj. EPS $1.15, Inline, Total Operating Revenue $32.8B Miss $33.063B Estimate
Portfolio Pulse from Benzinga Newsdesk
Verizon Communications reported Q2 2024 adjusted EPS of $1.15, meeting analyst expectations. However, the company's total operating revenue of $32.8 billion missed the estimate of $33.063 billion by 0.80%. This represents a 0.63% increase over the same period last year.
July 22, 2024 | 11:02 am
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Verizon Communications reported Q2 2024 adjusted EPS of $1.15, meeting analyst expectations. However, the company's total operating revenue of $32.8 billion missed the estimate of $33.063 billion by 0.80%. This represents a 0.63% increase over the same period last year.
The EPS meeting expectations is a neutral factor, while the slight miss in revenue could be seen as a minor negative. The YoY revenue increase is a positive but not strong enough to offset the miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100