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Verizon Misses Q1 Revenue Expectations, FY23 EPS Outlook Lags

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Verizon Misses Q1 Revenue Expectations, FY23 EPS Outlook Lags


None Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY23 sales decline of 1.9% year-on-year to $32.9 billion, missing the consensus of $33.6 billion. • None Adjusted EPS of $1.20 was in line with the consensus. • None Total wireless service revenue was $18.9 billion, up 3% Y/Y,…

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