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Verizon Communications Inc <VZ.N> expected to post earnings of $1.10 a share - Earnings Preview

ReutersJan 22, 2025 1:35 PM
  • Verizon Communications Inc VZ.N, VZ is expected to show a rise in quarterly revenue when it reports results on January 24 for the period ending December 31 2024
  • The New York City-based company is expected to report a 0.5% increase in revenue to $35.319 billion from $35.13 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.
  • ​LSEG's mean analyst estimate for Verizon Communications Inc is for earnings of $1.10 per share.
  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell."
  • The mean earnings estimate of analysts was unchanged in the last three months. ​
  • Wall Street's median 12-month price target for Verizon Communications Inc is $47.00​, above​ its last closing price of $39.02. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.17

1.18

1.19

Beat

1.2

Jun. 30 2024

1.14

1.15

1.15

Met

0.3

Mar. 31 2024

1.12

1.12

1.15

Beat

2.7​

Dec. 31 2023

1.08

1.07

1.08

Beat

0.6

​​Sep. 30 2023

1.18

1.18

1.22

Beat

3.5

Jun. 30 2023

1.17

1.16

1.21

Beat

3.9​

Mar. 31 2023

1.19

1.20

1.20

Met

0.3

Dec. 31 2022

1.18

1.19

1.19

Met

0.3

This summary was machine generated January 22 at 13:35 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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