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Verizon Communications, Inc. (NYSE: VZ) reported Q1 earnings on Monday, and they didn't disappoint. The telecommunication entity said it earned $0.63 per share on an adjusted basis. Okay, the growth wasn't so great. The company earned an adjusted $0.61 per share in the year-ago period. But you know the game: it's all about expectations. So, on that count, Verizon was ahead by four pennies, according to this database.
But the Verizon story isn't just about earnings. It's also about cash flow. Net cash from operations increased 19% to $6.4 billion. Free cash flow more than doubled to $2.7 billion. Verizon is a well-known dividend-paying stock, so shareholders definitely want to see good cash flows.
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