Verizon Communications (VZ) Q1 Earnings and Revenues Beat Estimates

Group 1 - Verizon Communications reported quarterly earnings of $1.19 per share, exceeding the Zacks Consensus Estimate of$1.15 per share, and showing an increase from $1.15 per share a year ago, representing an earnings surprise of 3.48$33.49 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.48%, and an increase from 32.98 billion year-over-year [2] - Verizon has outperformed the S&P 500, with shares increasing about 7.4% since the beginning of the year, while the S&P 500 has declined by 12.3% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is 1.20 on revenues of $33.35 billion, and for the current fiscal year, it is$4.70 on revenues of $136.65 billion [7] - The Zacks Industry Rank indicates that the Wireless National industry is in the top 13% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]