The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.
Verizon Communications beat Wall Street’s earnings expectations on Friday, as higher prices for its plans helped the company’s wireless service business make more money than a year ago. Verizon reported adjusted earnings of $1.
Verizon ( VZ 1.14%) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session.
Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service. That is up from 449,000 a year earlier and beat analyst estimates for 488,300 additions.
It’s possible to find cards paying 1.5%, 2%, and even 5% cash back today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
The spending is also key to hitting its goal of doubling subscribers for its fixed wireless service to as much as 9 million by 2028. The 2025 forecast followed a strong fourth quarter for subscriber growth as wireless additions hit a 5-year high thanks to its customizable myPlan,
Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.
In its upcoming report, Verizon Communications (VZ) is predicted by Wall Street analysts to post quarterly earnings of $1.09 per share, reflecting an increase of 0.9% compared to the same period ...
Verizon's Q4 revenue grew 1.6% Y/Y to $35.7B, beating estimates; EPS of $1.10 met analyst expectations. Added ~1M postpaid mobile & broadband subscribers, marking the best quarterly result in over ...
Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service.
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,
Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.