Verizon Communications Inc. (NYSE: VZ) reported its fourth quarter 2022 earnings results today.
Total operating revenue of $35.3 billion was up 3.5% from the prior-year period.
Net income rose 41.4% year-over-year to $6.7 billion while EPS grew 41% to $1.56. Adjusted EPS was $1.19.
The top line beat expectations while the bottom line matched projections.
For FY2023, Verizon expects adjusted EPS of $4.55-4.85.
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