Verizon Communications Inc. (NYSE: VZ) reported its second quarter 2024 earnings results today.
Total operating revenue was $32.8 billion, up 0.6% from the same period last year.
Consolidated net income was $4.5 billion, or $1.09 per share, compared to $4.6 billion, or $1.10 per share, last year. Adjusted EPS was $1.15.
Earnings came in line with estimates but revenue missed expectations.
For full-year 2024, the company expects adjusted EPS of $4.50-4.70.
The stock fell over 3% during premarket hours on Monday.
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