The third quarter financial results of Verizon Communications (NYSE: VZ) will be revealed on Tuesday 22nd October 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
Wall Street financial experts forecast that the company is set to announce an expected $1.18 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $33.43 billion for this particular period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1.22. This notable figure was attributed to the company's total revenue, which settled at an impressive $33.34 billion during that specific quarter.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $134.77 billion. Furthermore, they are predicting profit of $4.57 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.15 | -5.0% | 32.80 B | +0.6% |
| Q1 2024 | $1.15 | -4.2% | 32.98 B | +0.2% |
| Q4 2023 | $1.08 | -9.2% | 35.13 B | -0.3% |
| Q3 2023 | $1.22 | -7.6% | 33.34 B | -2.6% |
| Q2 2023 | $1.21 | -7.6% | 32.60 B | -3.5% |
| *Growth on year-over-year basis | ||||
The organization has scheduled a conference call on 22nd October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
Verizon Communications (VZ) shares experienced a range of $43.67 to $44.17 on a day volume of 13.06 million shares. The stock closed Friday's regular trading session at $43.99, indicating a 0.32 percent increase.
