The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.
Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service. That is up from 449,000 a year earlier and beat analyst estimates for 488,300 additions.
Verizon ( VZ 1.14%) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session.
D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.
Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.
(Bloomberg) -- Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers. Verizon recorded ...
In its upcoming report, Verizon Communications (VZ) is predicted by Wall Street analysts to post quarterly earnings of $1.09 per share, reflecting an increase of 0.9% compared to the same period ...
Verizon's Q4 revenue grew 1.6% Y/Y to $35.7B, beating estimates; EPS of $1.10 met analyst expectations. Added ~1M postpaid mobile & broadband subscribers, marking the best quarterly result in over ...
On a per-share basis, the New York-based company said it had net income of $1.18. Earnings, adjusted for severance gains, came to $1.10 per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service.
Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.
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