Verizon Set to Report Declining Profits Despite Progress in Adding Subscribers
Verizon Communications Quarterly Earnings Profile Analysts' Estimate for Q4 2023 Q3 2023 Q4 2022 Revenue 33.3 billion 1.06 1.56 Net Income 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 ...