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Verizon: Q4 misses consensus

(CercleFinance.com) - Verizon has announced Q4 2019 adjusted EPS of 1.
13 dollar, up 0.9% y-o-y, although one cent below the consensus.

The group posted an adjusted EBITDA margin of 32%, with operating revenue up 1.4% at 34.8 billion dollars, with growth in mobile services having offset declines in mobile and fixed equipment, especially in the corporate segment.

The telecommunications operator thus recorded adjusted EPS of 4.81 dollars last year, up 2% and in line with its forecast (low single-digit), with it expecting corresponding FY 2020 growth of 2% to 4%.


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