# Verizon Communications Inc. (VZ) — Q3-2021 Earnings Results

**Report date:** 2021-10-20 (before market open)  
**Sector:** Communication Services / Integrated Telecommunication Services  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/VZ/earnings/Q3-2021

## Post-Earnings Brief

### Headline

Verizon Beats on EPS, Stock Up 2.41%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.55 | N/A | +14.14% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed confidence in their strategic direction and the potential for future growth. They noted that customer demand remains strong despite market challenges.

**Key quotes:**

> Management highlighted strong customer retention and growth in wireless services.

> They emphasized the importance of their ongoing investments in 5G technology.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Verizon's better-than-expected EPS indicates that the company is managing its costs effectively and benefiting from strong demand in its services. The stock's 2.41% increase reflects investor confidence in the company's performance and future prospects. However, the lack of revenue data and guidance leaves some uncertainty about the overall growth trajectory.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/VZ/earnings/Q3-2021_