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What You Need To Know Ahead of Verizon's Earnings Report Monday
VerizonVerizon(US:VZ) Investopedia·2024-04-19 23:15

 Analyst Estimates for Q1 2024Q4 2023Q1 2023 Revenue33.2billion33.2 billion35.13 billion32.91billionDilutedEPS32.91 billionDiluted EPS1.09 (0.64)0.64)1.17Net Income4.61billion(4.61 billion(2.71 billion)4.91billionKeyMetric:ConsumerWirelessSubscribersConsumerwirelessservicehaslongbeenthecornerstoneofVerizonsbusiness,andstillmakesupoverhalfofVerizonsrevenuedespitegrowingbroadbandinternetandVerizonBusinesssegments.RevenuefromVerizonswirelessservicewas4.91 billion Key Metric: Consumer Wireless Subscribers Consumer wireless service has long been the cornerstone of Verizon's business, and still makes up over half of Verizon's revenue despite growing broadband internet and Verizon Business segments. Revenue from Verizon's wireless service was 18.9 billion in the first quarter of 2023, with the c ...