Verizon Communications Inc. (NYSE: VZ) reported its third quarter 2024 earnings outcomes in the present day.
Whole consolidated working income was $33.3 billion, primarily flat in comparison with the prior-year quarter, as service and different income progress was offset by declines in wi-fi tools income.
Web revenue attributable to Verizon decreased 31% year-over-year to $3.30 billion, or $0.78 per share. Adjusted EPS was $1.19.
Earnings beat estimates whereas income fell quick, main the inventory to fall over 1% in premarket hours on Tuesday.
For full-year 2024, Verizon expects adjusted EPS of $4.50-4.70.