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How Have Verizon’s Earnings Been Trending?

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Mar. 22 2019, Updated 11:31 a.m. ET

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.

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Peer comparison

AT&T’s (T) adjusted EPS is expected to rise ~2.4% YoY (year-over-year) to $0.87 in the first quarter. T-Mobile’s (TMUS) adjusted EPS is expected to rise ~19.2% YoY to $0.93. Sprint (S) is expected to post an adjusted EPS of -$0.02 in the fourth quarter of fiscal 2018, which ends on March 31.

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