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Verizon's Disappointing Earnings Don't Mean Its Overvalued
Seeking Alpha· 2024-10-24 00:46
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Verizon Communications Inc. (NYSE: VZ ), one of the largest telecommunication firms with a market capitalization of around $175 billion, recently announce ...
Verizon's Positive Pricing Strategy Supports Future Growth, Broadband Growth to Rely on Fiber and Fixed Wireless: Analyst
Benzinga· 2024-10-23 02:08
Goldman Sachs analyst James Schneider maintained a Buy rating on Verizon Communications Inc VZ with a price target of $52.Schneider summarized Verizon’s third-quarter print. Verizon’s quarterly results aligned closely with expectations.Revenue was $33.3 billion, matching Goldman Sachs’ estimate but slightly below the consensus of $33.5 billion.Also Read: Genuine Parts Q3 Earnings: Industrial Weakness And Europe Drag On Profit, Margins Shrink, Lowers Annual OutlookAdjusted EBITDA reached $12.5 billion, just ...
Why Verizon Stock Was Slipping Today
The Motley Fool· 2024-10-23 01:38
Verizon came up short on the top line in its earnings report.Shares of Verizon Communications (VZ -4.50%) were falling today after the telecom giant posted disappointing revenue results on weakness in wireless equipment and due to a slow phone upgrade cycle.As of 11:44 a.m. ET, Verizon stock was down 4.3%. Verizon underwhelmsVerizon's core wireless service business continued to deliver steady growth, up 2.7% to $19.8 billion with 239,000 retail postpaid netphone additions, meaning monthly paying customers. ...
Verizon Q3 Earnings: Expect More Near-Term Pressure
Seeking Alpha· 2024-10-23 01:11
Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...
Verizon Q3 revenue falls short of expectations despite wireless gains
Proactiveinvestors NA· 2024-10-23 00:36
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Verizon(VZ) - 2024 Q3 - Earnings Call Transcript
2024-10-22 23:21
财务数据和关键指标变化 - 无线服务收入同比增长2.7%,达到历史最高的EBITDA为25亿美元,现金流为60亿美元 [5][49] - 无线服务收入年初至今增长3.1%,EBITDA为125亿美元,自由现金流为145亿美元 [51][54] 各条业务线数据和关键指标变化 - 消费者业务的后付费电话净增加81,000,预付费业务净增加80,000,显示出强劲的增长势头 [29][50] - 宽带业务净增加389,000,固定无线接入(FWA)用户增长超过150万 [50][51] 各个市场数据和关键指标变化 - 固定无线接入用户目标提前15个月达成,预计到2028年将达到800万至900万用户 [6][19] - Fios用户数接近1200万,预计在收购Frontier后将覆盖3500万至4000万家庭 [15][20] 公司战略和发展方向和行业竞争 - 公司战略聚焦于移动和宽带的双重增长,强调网络的可靠性和覆盖率 [28][39] - 计划通过收购Frontier和扩展固定无线接入来增加市场份额,预计将覆盖超过1亿家庭 [15][20] 管理层对经营环境和未来前景的评论 - 管理层对未来的展望乐观,认为无线服务收入和EBITDA将保持在指导范围的中点或以上 [7][49] - 强调在自然灾害期间网络的韧性和可靠性,显示出公司在危机中的应对能力 [4][17] 其他重要信息 - 公司在AI和卫星连接方面看到了新的收入机会,未来将继续探索这些领域 [13][109] - 计划在2025年将资本支出维持在175亿至185亿美元之间,以支持增长和网络扩展 [53][54] 问答环节所有提问和回答 问题: 关于BEAD计划的看法 - 公司将积极参与BEAD计划,尤其是在Fios覆盖区域,认为这是一个良好的投资回报机会 [61][64] 问题: 固定无线接入的增长速度 - 固定无线接入的增长速度可能会有所放缓,短期内将处于350,000至400,000用户的范围 [65][66] 问题: 未来的自由现金流展望 - 2024年可能是自由现金流的高峰年,未来的现金流将受到税收和资本支出增加的影响 [70][72] 问题: 关于Fiber的扩展速度 - 公司在Fiber扩展方面的速度与其他竞争对手相比较慢,但认为当前的扩展速度是合理的 [75][76] 问题: 固定无线接入的商业机会 - 固定无线接入在商业领域的机会正在增长,企业客户对这种连接方式的需求不断增加 [104][105]
Verizon(VZ) - 2024 Q3 - Earnings Call Presentation
2024-10-22 23:19
业绩总结 - 2024年第三季度总收入为333亿美元,同比持平[6] - 调整后的EBITDA为125亿美元,同比增长2.1%,调整后EBITDA利润率为37.5%[6] - 调整后的每股收益为1.19美元,同比下降2.5%[6] 用户数据 - 无线零售后付费手机新增用户为270万,同比增长5.1%[4] - 固定无线接入(FWA)用户达到420万,提前15个月实现目标[3] 现金流与股息 - 2024年前九个月的运营现金流为265亿美元,资本支出为120亿美元,自由现金流为145亿美元[9] - 2024年前九个月支付的股息为84亿美元,较2023年增加[9] 债务情况 - 总债务为1506亿美元,较2023年增加132亿美元[9] - 无担保债务为1264亿美元,保持不变[9] 未来展望 - 无线服务收入和调整后的EBITDA增长率在指导范围的中点或以上[8]
How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
MarketBeat· 2024-10-22 23:08
文章核心观点 - 公司第三季度业绩相对分析师预期有所混杂,但显示了稳定的业务、稳固和自由现金流,以及无限期维持资本回报的能力 [1] - 服务收入(占净收入85%)同比增长1.7%,无线和宽带用户增加,预计2025年将继续增加,随着5G网络扩张和更多应用场景成为可行 [2] - 利润率和现金流在2024年是关键,预计2025年将保持强劲,尽管受到一次性和非现金减值的影响,但调整后的业绩更好 [3] - 公司指引乐观,重申了收入和盈利的指引,暗示将达到高端水平 [3] 根据相关目录分别进行总结 分析师评级和目标价 - 分析师评级从持有上调至买入,目标价上调近10% [4] - 目标价46.30美元,创历史新高,有望进一步上升至48-50美元区间 [4] 股息支付 - 股息收益率6.43%,连续20年增长,年化3年增长率1.98% [4] - 派息率101.12%,下一次派息将于11月1日进行 [4] 财务状况和资本回报 - 资产负债表和资本回报是分析师关注的重点,公司现金流积极,资产增加,负债下降,股东权益增加4% [5] - 公司债务水平较低,且呈下降趋势,有望在2029年进入股息贵族行列 [5] 投资机会 - 股价回调至关键支撑位,符合反转模式,有望出现强劲反弹 [6] - 但目前仍未进入分析师推荐的五大最佳股票名单 [6][7]
Verizon (VZ) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-22 22:35
For the quarter ended September 2024, Verizon Communications (VZ) reported revenue of $33.33 billion, down 0% over the same period last year. EPS came in at $1.19, compared to $1.22 in the year-ago quarter.The reported revenue represents a surprise of -0.60% over the Zacks Consensus Estimate of $33.53 billion. With the consensus EPS estimate being $1.18, the EPS surprise was +0.85%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...
VZ Beats on Q3 Earnings, Revenues Miss Despite Wireless Traction
ZACKS· 2024-10-22 22:11
Verizon Communications Inc. (VZ) recorded relatively healthy third-quarter results with adjusted earnings beating the Zacks Consensus Estimate but the top line missing the same. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company recorded consolidated postpaid net additions of 349,000 in the quarter along with retail postpaid phone net additions of 239,000. Total broadband net additions for the quarter were 389,000, including 363,000 fixed wireless net additions.Net IncomeOn a ...