Verizon: EPS and Revenue Top Forecasts
Telecommunications giant Verizon Communications (NYSE:VZ) reported fourth-quarter and full-year 2024 earnings on Friday, Jan. 24, that topped analysts consensus estimates. Adjusted earnings per share (EPS) of $1.10 came in slightly above the forecasted $1.09. Revenue for the quarter totaled $35.7 billion, coming in just ahead of the forecast of $35.3 billion.
This performance reflects a robust quarter, marked by strong execution in its core wireless services despite ongoing competitive and regulatory challenges.
Source: Verizon Communications. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
Source Fool.com
Verizon Communications Inc. Stock
€34.83
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With a target price of 43 € there is a positive potential of 23.46% for Verizon Communications Inc. compared to the current price of 34.83 €.
