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Verizon Communications (VZ) Earnings Date, Estimates & Call Transcripts

$40.11
+0.16 (+0.40%)
(As of 07/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 22Estimated
Actual EPS
(Jul. 22)
$1.15
Consensus EPS
(Jul. 22)
$1.15
Skip Charts & View Estimated and Actual Earnings Data

VZ Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

VZ Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Verizon Communications Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.17$1.17$1.17 
Q2 20242$1.15$1.15$1.15 
Q3 20242$1.16$1.19$1.18 
Q4 20242$1.07$1.09$1.08 
FY 20248$4.55$4.60$4.58 
Q1 20251$1.14$1.14$1.14 
Q2 20251$1.16$1.16$1.16 
Q3 20251$1.19$1.19$1.19 
Q4 20251$1.15$1.15$1.15 
FY 20254$4.64$4.64$4.64 
Q1 20261$1.16$1.16$1.16 

VZ Earnings Date and Information

Verizon Communications last issued its quarterly earnings results on July 22nd, 2024. The cell phone carrier reported $1.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.15. The company earned $32.80 billion during the quarter, compared to analysts' expectations of $33.05 billion. Its quarterly revenue was up .6% compared to the same quarter last year. Verizon Communications has generated $2.68 earnings per share over the last year ($2.68 diluted earnings per share) and currently has a price-to-earnings ratio of 15.0. Earnings for Verizon Communications are expected to grow by 1.75% in the coming year, from $4.58 to $4.66 per share. Verizon Communications has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off prior year's report dates.

Verizon Communications Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/22/2024
(Estimated)
------- 
7/22/2024Q2 2024$1.15$1.15-$1.21$33.05 billion$32.80 billion      
4/22/2024Q1 2024$1.12$1.15+$0.03$1.21$33.23 billion$33.00 billion      
1/23/2024Q4 2023$1.08$1.08-$2.80$34.60 billion$35.10 billion    
10/24/2023Q3 2023$1.17$1.22+$0.05$1.31$33.27 billion$33.00 billion      
7/25/2023Q2 2023$1.17$1.21+$0.04$1.32$33.30 billion$32.60 billion      
4/25/2023Q1 2023$1.19$1.20+$0.01$1.23$33.64 billion$32.91 billion      
1/24/2023Q4 2022$1.20$1.19($0.01)$0.82$35.14 billion$35.30 billion    
10/21/2022Q3 2022$1.28$1.32+$0.04$1.47$33.79 billion$34.20 billion      
7/22/2022Q2 2022$1.34$1.31($0.03)$1.38$33.77 billion$33.79 billion      
4/22/2022Q1 2022$1.35$1.35-$1.61$33.61 billion$33.60 billion      
1/25/2022Q4 2021$1.28$1.31+$0.03$1.51$33.98 billion$34.10 billion    
10/19/2021Q3 2021$1.36$1.41+$0.05$1.27$33.24 billion$32.90 billion    
7/20/2021Q2 2021$1.30$1.37+$0.07$1.34$32.73 billion$33.76 billion    
4/20/2021Q1 2021$1.29$1.31+$0.02$1.35$32.47 billion$32.87 billion  
1/25/2021Q4 2020$1.17$1.21+$0.04$1.31$34.47 billion$34.70 billion  
10/21/2020Q3 2020$1.22$1.25+$0.03$1.45$31.60 billion$31.50 billion    
7/24/2020Q2 2020$1.15$1.18+$0.03$1.23$29.98 billion$30.40 billion    
4/24/2020Q1 2020$1.22$1.26+$0.04$1.52$32.37 billion$31.81 billion    
1/30/2020Q4 2019$1.15$1.13($0.02)$1.03$34.62 billion$34.78 billion  
10/25/2019Q3 2019$1.24$1.25+$0.01$1.25$32.74 billion$32.89 billion    
8/1/2019Q2 2019$1.20$1.23+$0.03$1.51$32.42 billion$32.07 billion

Verizon Communications Earnings - Frequently Asked Questions

When is Verizon Communications's earnings date?

Verizon Communications has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, October 22nd, 2024 based off last year's report dates. Learn more on VZ's earnings history.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications issued an update on its FY 2024 earnings guidance on Monday, July, 22nd. The company provided earnings per share (EPS) guidance of 4.500-4.700 for the period, compared to the consensus earnings per share estimate of 4.580. The company issued revenue guidance of -.

Did Verizon Communications beat their earnings estimates last quarter?

In the previous quarter, Verizon Communications (NYSE:VZ) reported $1.15 earnings per share (EPS) to hit the analysts' consensus estimate of $1.15. Learn more on analysts' earnings estimate vs. VZ's actual earnings.

How can I listen to Verizon Communications's earnings conference call?

The conference call for Verizon Communications's latest earnings report can be listened to online. Listen to Conference Call

How can I read Verizon Communications's conference call transcript?

The conference call transcript for Verizon Communications's latest earnings report can be read online. Read Transcript

How can I view Verizon Communications's earnings report?

Verizon Communications's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Verizon Communications generate each year?

Verizon Communications (NYSE:VZ) has a recorded annual revenue of $133.97 billion.

How much profit does Verizon Communications generate each year?

Verizon Communications (NYSE:VZ) has a recorded net income of $11.61 billion. VZ has generated $2.68 earnings per share over the last four quarters.

What is Verizon Communications's price-to-earnings ratio?

Verizon Communications (NYSE:VZ) has a trailing price-to-earnings ratio of 14.97 and a forward price-to-earnings ratio of 8.76. The price/earnings-to-growth ratio is 3.62.

What is Verizon Communications's EPS forecast for next year?

Verizon Communications's earnings are expected to grow from $4.58 per share to $4.66 per share in the next year, which is a 1.75% increase.


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This page (NYSE:VZ) was last updated on 7/27/2024 by MarketBeat.com Staff

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