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.

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Source Fool.com