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Verizon misses revenue estimates in Q2, shares fall
Proactiveinvestors NA· 2024-07-22 13:42
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Verizon Communications (VZ) Q2 Earnings Surpass Estimates
ZACKS· 2024-07-22 13:10
Verizon Communications (VZ) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.88%. A quarter ago, it was expected that this largest U.S. cellphone carrier would post earnings of $1.12 per share when it actually produced earnings of $1.15, delivering a surprise of 2.68%.Over the last f ...
Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2
Newsfilter· 2024-07-22 11:00
Company remains on track to meet full-year 2024 financial guidance 2Q 2024 Highlights Wireless: Accelerated growth in wireless service revenue Total wireless service revenue1 of $19.8 billion, a 3.5 percent increase year over year.Retail postpaid phone net additions of 148,000, and retail postpaid net additions of 340,000.Retail postpaid phone churn of 0.85 percent, and retail postpaid churn of 1.11 percent. Broadband: Double-digit broadband subscriber growth Total broadband net additions of 391,000. This ...
Verizon(VZ) - 2024 Q2 - Quarterly Results
2024-07-22 11:00
Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Media contacts: July 22, 2024 Katie Magnotta 201-602-9235 katie.magnotta@verizon.com Eric Wilkens 201-572-9317 eric.wilkens@verizon.com Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2 Company remains on track to meet full-year 2024 financial guidance 2Q 2024 Highlights Wireless: Accelerated growth in wireless service revenue • Total wireless service revenue of $19.8 billion, a 3.5 percent increase year over year. • Retail ...
Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2
GlobeNewswire News Room· 2024-07-22 11:00
Company remains on track to meet full-year 2024 financial guidance 2Q 2024 Highlights Wireless: Accelerated growth in wireless service revenue Total wireless service revenue1 of $19.8 billion, a 3.5 percent increase year over year.Retail postpaid phone net additions of 148,000, and retail postpaid net additions of 340,000.Retail postpaid phone churn of 0.85 percent, and retail postpaid churn of 1.11 percent. Broadband: Double-digit broadband subscriber growth Total broadband net additions of 391,000. This ...
Top Wall Street Forecasters Revamp Verizon Expectations Ahead Of Q2 Earnings
Benzinga· 2024-07-22 05:57
Loading...Loading...Verizon Communications Inc. VZ will release its financial results for the second quarter, before the opening bell on Monday, July 22.Analysts expect the New York-based company to report quarterly earnings at $1.15 per share, down from $1.21 per share in the year-ago period. Domino's is expected to post revenue of $33.06 billion, compared to $32.6 billion a year earlier, according to data from Benzinga Pro.Verizon is reportedly considering a significant move to sell thousands of mobile ph ...
Verizon Communications: An Upgrade Is Warranted
Seeking Alpha· 2024-07-21 09:19
photobyphm When it comes to the US telecommunications space, there's no denying that Verizon Communications (NYSE:VZ) (NEOE:VZ:CA) is one of the big players. It's a company that I am well aware of, having been a customer of it for my cell phone service ever since I first got a cell phone back in 2008. Having said that, I have not, historically speaking, been the biggest fan of the company from an investment perspective. I have long preferred its rival, AT&T (T) which I currently own shares of. This does ...
How To Earn $500 A Month From Verizon Stock Ahead Of Q2 Earnings Report
Benzinga· 2024-07-19 12:36
Loading...Loading...Verizon Communications Inc. VZ will release its financial results for the second quarter, before the opening bell on Monday, July 22.Analysts expect the New York-based company to report quarterly earnings at $1.15 per share, down from $1.21 per share in the year-ago period. Domino’s is expected to post revenue of $33.06 billion, compared to $32.6 billion a year earlier, according to data from Benzinga Pro.On July 10, Scotiabank analyst Maher Yaghi maintained Verizon with a Sector Perform ...
Verizon to report earnings July 22, 2024
Newsfilter· 2024-07-18 18:00
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) will report second-quarter 2024 earnings on Monday, July 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 second-quarter results;Verizon's earnings news release; and ...
Verizon to report earnings July 22, 2024
GlobeNewswire News Room· 2024-07-18 18:00
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report second-quarter 2024 earnings on Monday, July 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 second-quarter results;Verizon's earnings news release; and ...