Verizon Reports Third Quarter Earnings

Earnings Per Share (EPS)
Verizon (NYSE: VZ) reported third quarter EPS of $1.19, exceeding the analyst estimate of $1.18 by $0.01.

Revenue
Revenue for the quarter was $33.3B, slightly below the consensus estimate of $33.44B.

Guidance

Verizon projects FY 2024 EPS between $4.50 and $4.70, compared to the analyst consensus of $4.57.

Stock Performance

Verizon's stock closed at $43.70. It has increased by 9.39% over the last three months and 39.22% over the past year. In the last 90 days, the company experienced 0 positive EPS revisions and 9 negative revisions.

Financial Health
According to InvestingPro, Verizon's Financial Health score is categorized as "good performance."

For more details on Verizon's earnings performance and finances, visit Investing.com.

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