Verizon Communications Inc. Reports Q2 2024 Earnings Results
Monday, 22 July 2024, 11:06
Verizon Q2 2024 Earnings Overview
Verizon Communications Inc. (NYSE: VZ) has announced its Q2 2024 earnings results, which provide valuable insights into the company's financial standing.
Financial Highlights
- Total operating revenue: $32.8 billion
- Year-over-year growth: 0.6%
- Consolidated net income: $4.5 billion
- Net income per share: $1.09
- Adjusted EPS: $1.15
While there was a slight decline in net income compared to last year, Verizon's ability to maintain a strong adjusted EPS illustrates its resilience in a challenging market.
Conclusion
Overall, Verizon's Q2 performance demonstrates stability and a potential for growth, despite some declines in net income.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.