Here's What Key Metrics Tell Us About Verizon (VZ) Q1 Earnings

Financial Performance - Verizon Communications reported revenue of $33.49 billion for the quarter ended March 2025, reflecting a 1.5% increase year-over-year [1] - Earnings per share (EPS) for the quarter was$ 1.19, up from $1.15 in the same quarter last year, indicating a positive trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of$ 33.33 billion by 0.48%, while the EPS also surpassed the consensus estimate of $1.15 by 3.48% [1] Key Metrics - Wireless Retail postpaid connections per account remained stable at 3, matching the average estimate [4] - The churn rate for Wireless Retail postpaid was 1.5%, consistent with analyst expectations [4] - Consumer Wireless Retail postpaid Average Revenue Per Account (ARPA) was$ 146.46, exceeding the average estimate of $143.87 [4] - Net subscriber additions for Retail postpaid phones were -356 thousand, worse than the estimated -207.89 thousand [4] - Business operating revenues were reported at$ 7.29 billion, slightly below the estimated $7.36 billion, representing a year-over-year decline of 1.2% [4] - Consumer operating revenues reached$ 25.62 billion, surpassing the estimate of $25.36 billion, with a year-over-year increase of 2.2% [4] - Business Markets and Other revenues were$ 3.31 billion, above the estimate of $3.24 billion, reflecting a 3.7% year-over-year increase [4] - Wholesale revenues were$ 515 million, below the estimate of $583.97 million, showing a significant year-over-year decline of 13.3% [4] - Enterprise and Public Sector revenues were$ 3.46 billion, slightly below the estimate of $3.54 billion, indicating a year-over-year decrease of 3.6% [4] - Consumer Wireless equipment revenues were$ 4.53 billion, exceeding the estimate of $4.47 billion, with a year-over-year increase of 0.9% [4] - Consumer service revenues reached$ 20.07 billion, surpassing the estimate of $19.68 billion, reflecting a year-over-year growth of 5.6% [4] - Wireless service revenue for consumers was$ 17.20 billion, exceeding the average estimate of $16.91 billion, with a year-over-year increase of 6.6% [4] Stock Performance - Verizon's shares have returned -1.5% over the past month, compared to a -8.9% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]