Verizon: Q2 just beats consensus

(CercleFinance.com) - Verizon has reported Q2 2019 adjusted EPS of 1.
23 dollar, up 2.5% y-o-y, three cents above the consensus.

It posted an adjusted EBITDA margin of 37.7% for pretty flat operating income (-0.4%) at 32.1 billion dollars, as growth in mobile services was offset by falls in mobile and landline services.

Based on these results, the telecommunications operator confirms that it targets low single-digit growth in adjusted EPS and revenues.



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