BUZZ-Verizon rises on higher-than-expected Q4 subscriber additions
ReutersJan 24, 2025 12:12 PM
Shares of telecom firm Verizon Communications VZ.N rise 1.2% to $39.60 in premarket trading
Co added 568,000 monthly bill-paying wireless subscribers in Q4, outpacing ests of 487,500- FactSet
Co expects 2025 annual profit growth between 0% and 3%, with midpoint below analysts' estimates of 2.7% - LSEG
VZ sees annual free cash flow between $17.5 bln and $18.5 bln, with midpoint below estimates of $18.44 bln - Visible Alpha
Co reported Q4 rev of $35.7 bln, compared with ests of $35.32 bln - LSEG
Stock rose 6.1% in 2024
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