Verizon: Raised Guidance, 1.75X Coverage, Strong Yield

Core Insights - Verizon reported better-than-expected earnings and revenue for the second fiscal quarter, driven by strong acquisition momentum in the broadband segment [1] - The company raised its free cash flow outlook for FY 2025, indicating a positive dividend coverage ratio [1] Financial Performance - Verizon's earnings and revenue exceeded market expectations for the second fiscal quarter [1] - The strong performance in the broadband segment contributed significantly to the overall results [1] Future Outlook - The increase in free cash flow outlook for FY 2025 suggests improved financial health and potential for sustained dividends [1]