Earnings and Revenue Forecast - Verizon Communications is predicted to post quarterly earnings of 35 4 billion, representing a year-over-year increase of 0 8% [1] - Over the last 30 days, there has been a downward revision of 0 5% in the consensus EPS estimate for the quarter [2] Key Metrics Projections - Operating revenues- Consumer are expected to be 7 52 billion, showing a change of -1 2% from the prior-year quarter [5] - Operating revenues- Consumer - Service are projected to be 6 18 billion, indicating a change of -4% from the prior-year quarter [6] - Business - Wireless - Net subscribers additions - Retail postpaid phones are expected to reach 132 62 thousand, compared to 131 thousand in the year-ago quarter [6] - Consumer - Wireless Retail postpaid ARPA is projected to reach 134 10 in the same quarter of the previous year [7] - Consumer - Wireless - Net subscribers additions - Retail postpaid phones are likely to reach 248 5 thousand, compared to 318 thousand in the year-ago quarter [7] - Consumer - Fios Internet connections are predicted to reach 7 13 million, compared to 6 98 million in the same quarter of the previous year [8] - Consumer - Fios video connections are expected to be 2 68 million, compared to 2 95 million in the year-ago quarter [8] - Consumer - Wireless retail postpaid Connection is forecasted to be 94 95 million, compared to 93 85 million in the year-ago quarter [9] - Consumer - Wireline - Net subscribers additions - Broadband are projected to reach 32 27 thousand, compared to 39 thousand in the year-ago quarter [9] - Business - Wireless retail postpaid connections are expected to be 30 84 million, compared to 29 78 million in the same quarter last year [10] Stock Performance - Over the past month, Verizon shares have recorded returns of -2 9% versus the Zacks S&P 500 composite's -0 4% change [11] - Based on its Zacks Rank 3 (Hold), Verizon will likely exhibit a performance that aligns with the overall market in the upcoming period [11]
Gear Up for Verizon (VZ) Q4 Earnings: Wall Street Estimates for Key Metrics