What You Need To Know Ahead of Verizon's Earnings Report Monday
VZVerizon(VZ) Investopedia·2024-04-19 23:15

Analyst Estimates for Q1 2024 Q4 2023 Q1 2023 Revenue 33.2billion33.2 billion 35.13 billion 32.91billionDilutedEPS32.91 billion Diluted EPS 1.09 (0.64)0.64) 1.17 Net Income 4.61billion(4.61 billion (2.71 billion) 4.91billionKeyMetric:ConsumerWirelessSubscribersConsumerwirelessservicehaslongbeenthecornerstoneofVerizonsbusiness,andstillmakesupoverhalfofVerizonsrevenuedespitegrowingbroadbandinternetandVerizonBusinesssegments.RevenuefromVerizonswirelessservicewas4.91 billion Key Metric: Consumer Wireless Subscribers Consumer wireless service has long been the cornerstone of Verizon's business, and still makes up over half of Verizon's revenue despite growing broadband internet and Verizon Business segments. Revenue from Verizon's wireless service was 18.9 billion in the first quarter of 2023, wi ...