Verizon Communications Inc. Q1 2021 Earnings Call Summary - Thomson StreetEvents

Verizon Communications Inc. Q1 2021 Earnings Call Summary

Verizon Communications Inc. Q1 2021 Earnings Call Summary - Thomson StreetEvents
Verizon Communications Inc. Q1 2021 Earnings Call Summary
Published Apr 21, 2021
21 pages (12008 words) — Published Apr 21, 2021
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About This Report

  
Abstract:

Edited Brief of VZ.N earnings conference call or presentation 21-Apr-21 12:30pm GMT

  
Brief Excerpt:

...A. Notes: Quarterly growth rates are on YoverY basis, unless otherwise noted as sequential. 1. B. Consolidated Earnings: GAAP EPS $1.27. 1. Reported earnings included pre-tax loss from a special item of approx. $223m related to sale of certain wireless licenses. a. i. Adjusted EPS (excluding the effects of aforementioned special item) $1.31. 2. On 04/08/21, announced a recall process for approx. 2.5m Jetpack units, which impacted some customers enrolled in distance learning programs. a. Overall impact included within consolidated operating income was approx. $160m, split between: Business segment $100m. i. ii. Remaining $60m in Consumer. b. Impact included within reported and adjusted EPS was $0.03....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Verizon Communications Inc
Ticker
VZ.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Verizon Communications Inc. Q1 2021 Earnings Call Summary" Apr 21, 2021. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-Verizon-Communications-Inc-Earnings-Call-B13514808>
  
APA:
Thomson StreetEvents. (2021). Verizon Communications Inc. Q1 2021 Earnings Call Summary Apr 21, 2021. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-Verizon-Communications-Inc-Earnings-Call-B13514808>
  
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