Key PointsVerizon had a mixed quarter, producing better-than-expected earnings and free cash flow. The balance sheet is improving, and so is the dividend health. The high yield is above 6.5% and trades for less than 10X earnings; there is a chance for significant share price appreciation. 5 stocks we like better than Verizon CommunicationsVerizon NYSE: VZ has been on the brink of completing a reversal for months and may do so now that the Q1 results are in. The Q1 results are mixed but include better-than-e ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Telecommunications company Verizon Communications today announced their Q1 2024 results on April 22nd.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The results improved upon Verizon’s disappointing Q4 2023 performance announced earlier this year, but failed to live up to expectations. The financial resultsCopy link to sectionVerizon revenues for Q1 2024 were $33.0 billion for ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Media contacts: April 22, 2024 Katie Magnotta 201-602-9235 katie.magnotta@verizon.com Verizon begins 2024 with strong wireless service revenue growth, solid cash flow and continued momentum in broadband First quarter performance positions Verizon for growth and profitability throughout 2024 1Q 2024 Highlights Consolidated: • Earnings per share of $1.09, compared with earnings per share of $1.17 in first-quarter 2023; adjusted EPS1, excluding special items, of ...

1Q 2024 Highlights Consolidated: Earnings per share of $1.09, compared with earnings per share of $1.17 in first-quarter 2023; adjusted EPS1, excluding special items, of $1.15, compared with $1.20 in first-quarter 2023.Total operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023.Consolidated net income for the first quarter of $4.7 billion, compared to consolidated net income of $5.0 billion in first-quarter 2023, and consolidated adjusted EBITDA1 of $12.1 billion, up from $11.9 billion ...

 Analyst Estimates for Q1 2024Q4 2023Q1 2023 Revenue$33.2 billion$35.13 billion$32.91 billionDiluted EPS$1.09 ($0.64)$1.17Net Income$4.61 billion($2.71 billion)$4.91 billion Key Metric: Consumer Wireless Subscribers Consumer wireless service has long been the cornerstone of Verizon's business, and still makes up over half of Verizon's revenue despite growing broadband internet and Verizon Business segments. Revenue from Verizon's wireless service was $18.9 billion in the first quarter of 2023, with the c ...

NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) will report first-quarter 2024 earnings on Monday, April 22. The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Access instructions and presentation materials will be available at 7:00 a.m. on Verizon's Investor Relations website, https://www.verizon.com/about/investors. These materials include: Detailed commentary on Verizon's first-quarter results;Verizon's earnings news release; and ...

NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report first-quarter 2024 earnings on Monday, April 22. The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Access instructions and presentation materials will be available at 7:00 a.m. on Verizon’s Investor Relations website, https://www.verizon.com/about/investors. These materials include: Detailed commentary on Verizon's first-quarter results;Verizon's earnings news release; and ...

Verizon Communications Inc. (VZ) is scheduled to report first-quarter 2024 results before the opening bell on Apr 22. In the last reported quarter, the telecommunication service provider beat the Zacks Consensus Estimate by a penny.The company is expected to have recorded higher aggregate revenues year over year owing to a healthy momentum in the core wireless business despite a challenging macroeconomic environment.Factors at PlayDuring the first quarter, Verizon deployed more than 130,000 open RAN (Radio ...

The upcoming report from Verizon Communications (VZ) is expected to reveal quarterly earnings of $1.12 per share, indicating a decline of 6.7% compared to the year-ago period. Analysts forecast revenues of $33.38 billion, representing an increase of 1.4% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- With the arrival of the spring season, communities across the country are urging residents to make preparations for the possibility of severe weather events such as tornadoes, hurricanes, flooding and wildfires. Verizon stands ready to respond to any event as a result of year-round preparations including emergency drill exercises, network infrastructure enhancements and resource staging for rapid response. Verizon's readiness is a demonstration of its commitment ...