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5 Big Things To Know About Verizon's Q1 Earnings


5 Big Things To Know About Verizon’s Q1 Earnings
From ‘once in a lifetime’ 5G spectrum buys, to growth in business services, here’s what you need to know about Verizon’s Q1 2021 results.
By
Gina Narcisi April 23, 2021, 12:14 PM EDT
Bouncing Back
Telecommunications giant Verizon this week posted Q1 2021 earnings that topped estimates, driven by strength in its core product: the network.
Revenues were up 4 percent overall, a solid hike following a difficult year for many companies due to the COVID-19 pandemic. In fact, CEO Hans Vestberg (pictured) said that the carrier had growth in all businesses for the first time since the launch of Verizon 2.0. Business services, for the first time in several quarters, posted growth, including a double-digit bump in public sector revenues. Verizon also touted its 5G footprint expansions and the investments it’s making to be a leader in next-generation wireless. At the same ....

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Obituary: Julia Ann Kovach, 46; Cheshire Native


UpdatedWed, Apr 21, 2021 at 8:34 am ET
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Julia Ann Kovach (Image via Luddy & Peterson s Funeral Home)
WALLINGFORD, CT (From Luddy & Peterson s Funeral Home & Crematory): With great sorrow we announce that Julia Ann Kovach, 46, passed away unexpectedly on February 4, 2021 at her home in Wallingford, Connecticut.
Born on April 9, 1974, she was the beloved daughter of Sandra and James Kovach of Cheshire, Connecticut. She also leaves behind and will be deeply missed by her daughter, Olivia Cuomo of Wallingford, CT, her brothers James J. Kovach (Jennifer) of Mesa AZ and Michael J. Kovach (Leah) of Westport, CT; nieces and nephew: Dylan and Brooke Kovach of Mesa, AZ and Ruby, Rose, and Reese Kovach of Westport, CT. She will also be remembered by her aunts, uncles, cousins and dear friends as well as Olivia s grandmothers, especially Dale Cuomo who helped her in many ways. ....

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Obituary: Julia Ann Kovach, 46, Of Wallingford


UpdatedWed, Apr 21, 2021 at 8:34 am ET
Reply
Julia Ann Kovach (Image via Luddy & Peterson s Funeral Home)
WALLINGFORD, CT (From Luddy & Peterson s Funeral Home & Crematory): With great sorrow we announce that Julia Ann Kovach, 46, passed away unexpectedly on February 4, 2021 at her home in Wallingford, Connecticut.
Born on April 9, 1974, she was the beloved daughter of Sandra and James Kovach of Cheshire, Connecticut. She also leaves behind and will be deeply missed by her daughter, Olivia Cuomo of Wallingford, CT, her brothers James J. Kovach (Jennifer) of Mesa AZ and Michael J. Kovach (Leah) of Westport, CT; nieces and nephew: Dylan and Brooke Kovach of Mesa, AZ and Ruby, Rose, and Reese Kovach of Westport, CT. She will also be remembered by her aunts, uncles, cousins and dear friends as well as Olivia s grandmothers, especially Dale Cuomo who helped her in many ways. ....

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Verizon Q1 Results Top Estimates


Verizon Q1 Results Top Estimates
NEW YORK CITY (dpa-AFX) - Verizon Communications Inc. (VZ) reported a profit for the first-quarter that increased 25.4 percent from last year, reflecting growth in wireless service revenue, wireless equipment revenue and total Fios Internet net additions. Quarterly operating revenues rose 4.0 percent from the prior year.
Both adjusted earnings per share and quarterly revenues topped analysts expectations.
The strength in our core business is driving higher revenues and strong demand for our products and services, said Verizon Chief Financial Officer Matt Ellis.
For 2021, Verizon expects adjusted earnings per share to be in the range of $5.00 to $5.15; service and other revenue growth of at least 2 percent, including total wireless service revenue growth of at least 3 percent. Analysts expect annual earnings of $5.08 per share. ....

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