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Verizon Set to Report Declining Profits Despite Progress in Adding Subscribers
VerizonVerizon(US:VZ) Investopedia·2024-01-20 05:35

Verizon Communications Quarterly Earnings Profile  Analysts' Estimate for Q4 2023 Q3 2023 Q4 2022 Revenue 34.6billion 34.6 billion 33.3 billion 35.3billion DilutedEPS 35.3 billion Diluted EPS 1.06 1.13 1.13 1.56 Net Income 4.5billion 4.5 billion 4.9 billion $6.7 billionVerizon said Wednesday it will take the charge for its business unit because of declining demand for land- and fixed-line services provided to commercial customers. Visible Alpha estimates revenue in the division, accounting for about a fifth of the company's sales, fell an estimated ...