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 on Friday reported its best quarterly wireless subscriber growth in five years, fueled by robust demand for its customizable myPlan, Black Friday deals and trade-in offers for the AI-powered iPhone 16 series.
(Bloomberg) -- Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers. Verizon recorded ...
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.
Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
The strong growth sent its shares up about 1% and helped investors look past annual profit and free cash flow forecasts that were below Wall Street estimates. Verizon has been pouring billions of ...
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Verizon (VZ – Research Report) today and set a price target of $55.00.Invest
D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.
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.