Verizon Communications (VZ) reported $35.68 billion in income for the quarter ended December 2024, representing a year-over-year improve of 1.6%. EPS of $1.10 for a similar interval compares to $1.08 a yr in the past.
The reported income represents a shock of +0.79% over the Zacks Consensus Estimate of $35.4 billion. With the consensus EPS estimate being $1.09, the EPS shock was +0.92%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s worth efficiency extra precisely.
Right here is how Verizon carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Enterprise – Wi-fi – Web subscribers additions – Retail postpaid telephones: 142 thousand versus 132.62 thousand estimated by 5 analysts on common.
- Shopper – Churn fee – Wi-fi – Retail postpaid telephones: 0.9% versus 0.9% estimated by 5 analysts on common.
- Shopper – Wi-fi – Web subscribers additions – Retail postpaid telephones: 426 thousand versus the four-analyst common estimate of 248.5 thousand.
- Shopper – Churn fee – Wi-fi – Retail postpaid: 1.1% in comparison with the 1.1% common estimate based mostly on 4 analysts.
- Working revenues- Shopper: $27.56 billion versus $27.29 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.3% change.
- Working revenues- Enterprise: $7.50 billion versus $7.52 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a -1.5% change.
- Working revenues- Shopper – Service: $19.41 billion versus the six-analyst common estimate of $19.53 billion. The reported quantity represents a year-over-year change of +2.6%.
- Working revenues- Shopper – Wi-fi gear: $6.49 billion in comparison with the $6.18 billion common estimate based mostly on six analysts. The reported quantity represents a change of +0.8% yr over yr.
- Working revenues- Shopper – Different: $1.66 billion versus $1.64 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +4.2% change.
- Working revenues- Enterprise- Enterprise Markets and Different: $3.44 billion versus the five-analyst common estimate of $3.32 billion. The reported quantity represents a year-over-year change of +3.6%.
- Working revenues- Enterprise- Enterprise and Public Sector: $3.55 billion in comparison with the $3.63 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of -4.6% yr over yr.
- Wi-fi service revenue- Enterprise: $3.48 billion in comparison with the $3.48 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of +3.4% yr over yr.
View all Key Company Metrics for Verizon here>>>
Shares of Verizon have returned -2% over the previous month versus the Zacks S&P 500 composite’s +2.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in keeping with the broader market within the close to time period.
Zacks Names #1 Semiconductor Inventory
It is just one/9,000th the dimensions of NVIDIA which skyrocketed greater than +800% since we really helpful it. NVIDIA continues to be sturdy, however our new high chip inventory has rather more room to increase.
With sturdy earnings progress and an increasing buyer base, it is positioned to feed the rampant demand for Synthetic Intelligence, Machine Studying, and Web of Issues. World semiconductor manufacturing is projected to blow up from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Verizon Communications Inc. (VZ) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
