On July 21, 2022, Verizon reported Q2 revenues of $33.8 billion (a growth of 0.1% year-over-year) on adjusted earnings per share (EPS) of $1.31.
Summary: Verizon’s Q2 2022 revenues increased by 0.1% as compared to the same period in 2021. Verizon reports its revenues across two segments: Consumer and Business.
The company reported earnings from operations of $7.55 billion during Q2 2022, resulting in GAAP operating margins of 22.4%. On the bottom line, the company reported a GAAP EPS of $1.24, whereas the adjusted earnings came to $1.31 per share.
Guidance: For 2022 the management has guided to:
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