Verizon backs FY25 guidance

Verizon (VZ) remains confident in its previously updated guidance for the full year: Total wireless service revenue growth of 2.0 percent to 2.8 percent. Adjusted EBITDA growth of 2.5 percent to 3.5 percent. Adjusted EPS growth of 1.0 percent to 3.0 percent. Cash flow from operations of $37.0 billion to $39.0 billion. Free cash flow of $19.5 billion to $20.5 billion. In addition, Verizon remains on track to meet its investment goals for 2025 and expects capital expenditures to be within or below the previously guided range of $17.5 billion to $18.5 billion.