TREE NEWS update: Verizon reported third-quarter adjusted earnings per share of $1.31, beating the $1.28 estimate, while operating revenue came in at $34.3 billion against a forecast of $34.76 billion. The company raised its full-year adjusted EPS guidance to $5.04–$5.06 from $4.99–$5.04, versus a $5.02 consensus. Verizon maintained its full-year capital expenditure forecast of $16 billion to $16.5 billion, compared with a $16.34 billion estimate.
Verizon Q3 adjusted EPS $1.31 vs $1.28 estimate; revenue $34.3B misses
AI take
The profit beat alongside a revenue miss points to cost discipline and pricing power carrying the quarter rather than subscriber-driven growth, which is the more durable but less exciting story. The raised EPS guide and unchanged capex plan suggest management is comfortable with its margin trajectory even as the top line softens. Whether that revenue shortfall is a one-quarter timing issue or a broader demand signal is the open question worth tracking into the next report.
Generated by AI for reference only.
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