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Verizon Communications (VZ) Earnings Date, Estimates & Call Transcripts

$41.51
-2.19 (-5.01%)
(As of 10/22/2024 ET)

Earnings Summary

Latest
Earnings Date
Oct. 22Confirmed
Actual EPS
(Oct. 22)
$1.19 Beat By $0.01
Consensus EPS
(Oct. 22)
$1.18
Skip Charts & View Estimated and Actual Earnings Data

VZ Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

VZ Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Verizon Communications Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.17$1.17$1.17 
Q2 20242$1.15$1.15$1.15 
Q3 20242$1.16$1.17$1.17 
Q4 20242$1.07$1.10$1.09 
FY 20248$4.55$4.59$4.57 
Q1 20251$1.14$1.14$1.14 
Q2 20251$1.17$1.17$1.17 
Q3 20251$1.15$1.15$1.15 
Q4 20251$1.19$1.19$1.19 
FY 20254$4.65$4.65$4.65 
Q1 20261$1.18$1.18$1.18 
Q2 20261$1.16$1.16$1.16 

VZ Earnings Date and Information

Verizon Communications last announced its earnings data on October 22nd, 2024. The cell phone carrier reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.18 by $0.01. The business earned $33.30 billion during the quarter, compared to analyst estimates of $33.42 billion. Its revenue for the quarter was up .9% on a year-over-year basis. Verizon Communications has generated $2.68 earnings per share over the last year ($2.68 diluted earnings per share) and currently has a price-to-earnings ratio of 15.6. Earnings for Verizon Communications are expected to grow by 2.62% in the coming year, from $4.58 to $4.70 per share. Verizon Communications has confirmed that its next quarterly earnings report will be published on Tuesday, October 22nd, 2024.

Verizon Communications Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/22/2024-$1.18$1.19+$0.01-$33.42 billion$33.30 billion    
7/22/2024Q2 2024$1.15$1.15-$1.21$33.05 billion$32.80 billion          
4/22/2024Q1 2024$1.12$1.15+$0.03$1.21$33.23 billion$33.00 billion          
1/23/2024Q4 2023$1.08$1.08-$2.80$34.60 billion$35.10 billion        
10/24/2023Q3 2023$1.17$1.22+$0.05$1.31$33.27 billion$33.00 billion          
7/25/2023Q2 2023$1.17$1.21+$0.04$1.32$33.30 billion$32.60 billion          
4/25/2023Q1 2023$1.19$1.20+$0.01$1.23$33.64 billion$32.91 billion          
1/24/2023Q4 2022$1.20$1.19($0.01)$0.82$35.14 billion$35.30 billion        
10/21/2022Q3 2022$1.28$1.32+$0.04$1.47$33.79 billion$34.20 billion          
7/22/2022Q2 2022$1.34$1.31($0.03)$1.38$33.77 billion$33.79 billion          
4/22/2022Q1 2022$1.35$1.35-$1.61$33.61 billion$33.60 billion          
1/25/2022Q4 2021$1.28$1.31+$0.03$1.51$33.98 billion$34.10 billion        
10/19/2021Q3 2021$1.36$1.41+$0.05$1.27$33.24 billion$32.90 billion        
7/20/2021Q2 2021$1.30$1.37+$0.07$1.34$32.73 billion$33.76 billion        
4/20/2021Q1 2021$1.29$1.31+$0.02$1.35$32.47 billion$32.87 billion      
1/25/2021Q4 2020$1.17$1.21+$0.04$1.31$34.47 billion$34.70 billion      
10/21/2020Q3 2020$1.22$1.25+$0.03$1.45$31.60 billion$31.50 billion        
7/24/2020Q2 2020$1.15$1.18+$0.03$1.23$29.98 billion$30.40 billion        
4/24/2020Q1 2020$1.22$1.26+$0.04$1.52$32.37 billion$31.81 billion        
1/30/2020Q4 2019$1.15$1.13($0.02)$1.03$34.62 billion$34.78 billion      
10/25/2019Q3 2019$1.24$1.25+$0.01$1.25$32.74 billion$32.89 billion        

Verizon Communications Earnings - Frequently Asked Questions

When is Verizon Communications's earnings date?

Verizon Communications has confirmed that its next quarterly earnings data will be published on Tuesday, October 22nd, 2024. Learn more on VZ's earnings history.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications updated its FY24 earnings guidance on Tuesday, October, 22nd. The company provided earnings per share (EPS) guidance of $4.50-4.70 for the period, compared to the consensus earnings per share estimate of $4.59.

Did Verizon Communications beat their earnings estimates last quarter?

In the previous quarter, Verizon Communications (NYSE:VZ) reported $1.19 earnings per share (EPS) to beat the analysts' consensus estimate of $1.18 by $0.01. Learn more on analysts' earnings estimate vs. VZ's actual earnings.

How can I listen to Verizon Communications's earnings conference call?

The conference call for Verizon Communications's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Verizon Communications generate each year?

Verizon Communications (NYSE:VZ) has a recorded annual revenue of $134.24 billion.

How much profit does Verizon Communications generate each year?

Verizon Communications (NYSE:VZ) has a recorded net income of $11.61 billion. VZ has generated $2.68 earnings per share over the last four quarters.

What is Verizon Communications's price-to-earnings ratio?

Verizon Communications (NYSE:VZ) has a trailing price-to-earnings ratio of 15.62 and a forward price-to-earnings ratio of 9.11. The price/earnings-to-growth ratio is 4.02.

What is Verizon Communications's EPS forecast for next year?

Verizon Communications's earnings are expected to grow from $4.58 per share to $4.70 per share in the next year, which is a 2.62% increase.


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This page (NYSE:VZ) was last updated on 10/22/2024 by MarketBeat.com Staff
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