Will Revenue Contraction Dent Verizon's (VZ) Q4 Earnings?
Verizon Communications Inc. (VZ) is scheduled to report fourth-quarter 2023 results before the opening bell on Jan 23. In the last reported quarter, the telecom giant beat the Zacks Consensus Estimate by 5 cents.The company is expected to have recorded lower aggregate revenues year over year despite healthy momentum in the core wireless business, owing to a challenging macroeconomic environment.Factors at PlayDuring the fourth quarter, Verizon continued to capitalize on the full availability of 160 MHz of 5 ...