Verizon reports Q2 adjusted EPS $1.22, consensus $1.20

Reports Q2 revenue $34.5B, consensus $33.55B. “Verizon’s (VZ) strong second-quarter financial performance reflects our high-quality, industry-leading customer base, our multiple growth paths, the success of our disciplined, segmented approach, and the inherent strength of our company,” said Verizon Chairman and CEO Hans Vestberg. “Our unmatched and award-winning network combined with our financial strength enables us to continually innovate and enhance our products and services, empowering how people live, work and play. With momentum and a clear path forward, we are raising our full-year guidance for adjusted EBITDA, adjusted EPS and free cash flow as we move into the second half of the year and advance toward closing the Frontier acquisition.”