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Verizon Stock Is Surging Today -- Is It a Buy for 2024?
VZVerizon(VZ) The Motley Fool·2024-01-23 19:50

Verizon (VZ 5.99%) stock is making big gains Tuesday following the publication of its fourth-quarter earnings report. The company's share price was up 5.8% as of 2:15 p.m. ET, according to data from S&P Global Market Intelligence.Verizon posted non-GAAP (adjusted) earnings per share of $1.08 on revenue of $35.1 billion. Earnings for the period were in line with Wall Street's expectations, but the 0.6% sales decline that the business posted was less than expected. The telecom giant beat the average analyst s ...