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Verizon: adjusted EPS up 7% in Q4

(CercleFinance.com) - Telecom group Verizon has reported Q4 2020 adjusted EPS of 1.
21 dollar, above the consensus, and 7% higher y-o-y (1.13 dollar in Q4 2019).

Meanwhile, adjusted EBITDA grew by 5.3% to 11.7 billion dollars.

FY 2020 adjusted EPS came in at 4.9 dollars compared to 4.81 dollars a year before.

For 2021, Verizon expects services revenue growth of at least 2%, with adjusted EPS of 5-5.15 dollars.


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