Verizon Communications Inc. (VZ) Q2 2022 Earnings Results

Verizon Misses on EPS, Stock Down 6.74%

Verizon's earnings report shows a slight miss on EPS, which contributed to a significant drop in stock price by 6.74%. The lack of revenue data and guidance updates may have raised concerns among investors about future performance. Management's defensive tone suggests they are facing challenges in a competitive market, which could impact growth moving forward.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.31	N/A	-2.09%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Overall, management expressed concerns about competitive pressures and the impact on profitability. They highlighted ongoing efforts to improve customer satisfaction.

Management acknowledged challenges in the current market environment.

They emphasized the need to focus on customer retention and service quality.

Verizon Misses on EPS, Stock Down 6.74%

Key numbers

Management commentary

Verizon Communications Inc.

More earnings this week

Verizon Misses on EPS, Stock Down 6.74%

Key numbers

Management commentary