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23.01.2024
Company news: Verizon's (VZ) quarterly earnings match analysts' estimates
Verizon (VZ) reported Q4 FY2023 earnings of $1.08 per share (versus $1.19 per share in Q4 FY2022), matching analysts’ consensus estimate of $1.08 per share.
The company’s quarterly revenues amounted to $35.100 bln (-0.6% y/y), beating analysts’ consensus estimate of $34.551 bln.
The company also issued in-line FY2024 EPS guidance of $4.50-4.70 versus analysts’ consensus estimate of $4.60.
VZ rose to $41.44 (+4.70%) in pre-market trading.
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