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Verizon reports Q3 adjusted EPS $1.21, consensus $1.19

Reports Q3 revenue $33.8B, consensus $34.27B. “We are going to take bold and fiscally responsible action to redefine Verizon’s (VZ) trajectory at this critical inflection point for our company. We will rapidly shift to a customer-first culture, one that thrives on delighting our customers,” said Dan Schulman, Verizon CEO. “These will not be incremental changes. We will aggressively transform our culture, our cost structure, and the financial profile of Verizon in order to put our customers first, compete effectively, and deliver sustainable returns for our shareholders.”

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