16 September 2023, USA, New York: The Verizon logo, taken in Manhattan. Photo: Michael Kappeler/dpa ... [+] (Photo by Michael Kappeler/picture alliance via Getty Images)dpa/picture alliance via Getty ImagesWireless behemoth Verizon is slated to report its Q4 2023 results on January 23. We estimate that revenues will come in at about $34.6 billion for the quarter, in line with consensus estimates and down 2% compared to last year. We project that earnings will stand at $1.09 per share, compared to consensus ...

photobyphm Introduction Back in late September 2023, I recommended Verizon Communications Inc. (NYSE:VZ) as a "Buy" for long-term dividend investors in the low-$30s: With its earnings (~15%) and dividend (~8%) yield being greater than short-term (2-yr: 5.12%) and long-term (10-yr: 4.52%) treasury yields, Verizon is certainly an enticing dividend investment. As we saw in this note, Verizon's above-industry average dividend yield of 8% is well covered by its free cash flows. Given management's commitme ...

WASHINGTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Verizon today announced it is providing 5G coverage to the U.S. Army Garrison Hawaii's Helemano Military Reservation (HMR) via a newly constructed cell tower, nicknamed the "Dragon Tower," as part of a $1 million project. Military families, personnel and visitors at HMR will experience improved wireless coverage and enhanced network services. "The main purpose of our partnership with Helemano is to improve quality of life for base personnel," said Marta Lacroix, ...

Some Verizon (NYSE:VZ) customers may have a welcome surprise waiting in their mailboxes this week in the form of a partial refund as part of the $100 million Verizon Class-Action lawsuit settlement. Indeed, the wireless network operator has recently begun notifying customers via postcard or email that they have until April 15 to file a claim entitling them to up to $100.What do you need to know about the latest class-action news making rounds on Wall Street?Well, the lawsuit accuses Verizon of levying fees ...

WASHINGTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- As part of its sponsorship of EDGE24@CES, Verizon sent multiple prominent public sector executives — including Michael Adams, Lamont Copeland, Jimmy English and Bryan Schromsky — to participate in the conference's "Executive Roundtables," a days-long series of state-of-the-art multimedia presentations, "live" remote demonstrations and roundtable discussions. Michael Adams, Associate Vice President, Federal Civilian Business, delivered opening remarks. "Verizon i ...

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Verizon today announced new and exclusive offers across a breadth of content services, ranging from live music to lifestyle – including free trials, steep discounts and more, with more savings for myPlan customers. Verizon customers access these deals through +play, Verizon's one-stop-shop to save and manage your favorite subscriptions. Here's the news: Whether you're streaming from a library of hundreds of live concerts, or getting access to thousands of recipes ...

“The problems aren’t just narrative” when it comes to Verizon Communications Inc., according to Wolfe Research analyst Peter Supino. Yet he upgraded the stock to outperform from peer perform late Wednesday, writing that he and his team “really like” the risk-reward balance. Supino acknowledged that telecommunications investors have enjoyed a rough ride recently: “In 2023, just one of the Big 3 telcos earned a return on capital greater than its [average] cost of capital.” That was Verizon VZ, +0.54%, but inv ...

IRVING, Texas, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Verizon recently turned on a new cell site in Rimrock and Naches, WA bringing reliable 4G service to residents and visitors. Whether enjoying connecting with friends and family while on the move, connecting their smart homes through Verizon Home Internet, or using Verizon service for small business or enterprise applications, Verizon customers in the area just got a big boost. This new site provides coverage for Highway 12 in Rimrock and the Bear Canyon Trail ...

Verizon Wireless agreed to dish out $100 million to settle a class-action lawsuit that alleged the company unfairly charged an administrative fee — and customers are eligible to receive as much as $100 each.The settlement covers all current and former account holders with wireless or data services that were charged Verizon’s administrative fee between Jan. 1, 2016, and Nov. 8, 2023, according to Barron’s.Verizon will send a notice via mail or email to those eligible, who must file their claim by April 15.U ...

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Tired of hearing about New Year's Resolutions? Us too, so Verizon is making it easy for people to achieve their "smarter spending" goal that many set at the start of each year. Today, Verizon is sharing new deals across mobile, home and streaming to help customers save big on things they love while achieving their savings goals in 2024. With these offers – powered by America's most reliable 5G network1 – there's no better time to be a Verizon customer. Making it e ...