Verizon met earnings expectations but missed revenue estimates, with forecasted EPS lower than expected.

From Investing.com: 2024-07-22 07:03:35

Verizon reported second quarter EPS of $1.15, meeting analyst estimates. Revenue for the quarter was $32.8B, slightly below the consensus of $33.05B. The company forecasts FY 2024 EPS of $4.50-$4.70, lower than the consensus of $4.57.

Verizon’s stock price closed at $41.62, with a 5.39% increase in the last 3 months and a 22.85% rise in the last 12 months. There were 5 positive and 7 negative EPS revisions in the past 90 days. Verizon has a “good performance” Financial Health score per InvestingPro.

For more details on Verizon’s stock price, financials, and earnings reactions, visit investing.com/pro/INVESTING:8127/earnings. Stay informed about upcoming earnings reports by checking out Investing.com’s earnings calendar.



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