What to Know about Verizon’s Growth Prospects

Verizon (VZ), the largest wireless service provider in the United States, is looking to showcase strength as it nears its third-quarter earnings release. The telecommunications company is expected to report its results for the third quarter on October 23. On that day, Verizon is expected to report adjusted EPS of $1.19, which would represent a YoY (year-over-year) rise of ~21.4%. Meanwhile, Wall Street analysts expect Verizon’s total revenue to rise ~2.5% YoY to reach $32.5 billion in the third quarter.