For 2023, Verizon expects the following: Total wireless service revenue growth4 5 of 2.5 percent to 4.5 percent. Adjusted EBITDA of $47.0 billion to $48.5 billion. Adjusted EPS of $4.55 to $4.85. Adjusted effective income tax rate in the range of 22.5 percent to 24.0 percent. Capital spending in the range of $18.25 billion to $19.25 billion, including the final approximately $1.75 billion of the incremental $10 billion of C-Band-related capital spending.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on VZ:
- Verizon Declines after Outlook disappoints; Q4 EPS In Line
- Strong wireless service revenue growth highlights Verizon’s 4Q and 2022 results
- Start the year with savings: Switch to Verizon Home Internet and get up to 12 months of Walmart+ on us
- Verizon to report earnings January 24, 2023
- Verizon, Centech unveil results of 5G Development Hub