๐ Verizon $VZ pops +3% midday โ record EBITDA and raised guidance overshadow revenue miss
Verizon beat Q2 EPS ($1.30 vs $1.27 est.) and raised full-year EPS guidance to $4.99-$5.04, up 6-7%. The real headline: 184K postpaid phone net adds, its best consumer Q2 in 5 years, helped push adjusted EBITDA to a record $13.7B. Revenue came in light at $34.25B vs $35.33B expected, but the market is shrugging that off. Not financial advice. Is this the turnaround story VZ bulls have been waiting for?
โก 51 buzzing
381 views
๐ 0 subscribed