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.
Verizon expects 2025 adjusted profit to grow between 0% and 3%, with the midpoint coming in below analysts' estimates for growth of 2.7%, according to data compiled by LSEG.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
(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 ...
Get Wall Street's Hottest Chart Every Morning Verizon Communications Inc VZ stock reported fiscal fourth-quarter results Friday. Its revenue growth was 1.6% year-over-year reaching $35.70 billion ...
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.