Verizon’s earnings trend
In fiscal 2018, Verizon Communications’ (VZ) adjusted net income and diluted EPS were $19.5 billion and $4.71, respectively—compared to $15.3 billion and $3.74 in fiscal 2017. In the fourth quarter of 2018, Verizon reported an adjusted net income and diluted EPS of $4.7 billion and $1.12, respectively—compared to $3.5 billion and $0.86 in the fourth quarter of 2017.
Verizon is expected to report an adjusted net income and diluted EPS of $4.8 billion and $1.17, respectively, in the first quarter. Analysts expect Verizon to post an adjusted net income and diluted EPS of $19.5 billion and $4.66, respectively, in fiscal 2019.