In Q1, Verizon Communications Exceeded Earnings Expectations

Quick Summary:

Verizon Communications (NYSE: VZ) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.12 per share.

Verizon, which belongs to the Zacks Wireless National industry, posted revenues of $32.98 billion for the quarter ended March 2024, missing the Zacks Consensus Estimate by 1.05%.

A quarter ago, it was expected that this largest U.S.cellphone carrier would post earnings of $1.07 per share when it actually produced earnings of $1.08, delivering a surprise of 0.93%.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zacks

Category: Technology

Markets: United States

Topics: CCOI Tech Earnings News Contributors Markets Trading Ideas VZ

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-22 @ 17:55:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 634 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20758880

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 35 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions