Company news: Verizon’s (VZ) quarterly revenues miss analysts’ estimates

Verizon (VZ) reported Q2 FY2024 earnings of $1.15 per share (versus $1.21 per share in Q2 FY2023), matching analysts’ consensus estimate of $1.15 per share.

The company’s quarterly revenues amounted to $32.800 bln (+0.6% y/y), missing analysts’ consensus estimate of $33.048 bln.

The company also reaffirmed EPS guidance for FY2024 of $4.50-4.70 versus analysts’ consensus estimate of $4.58.