Verizon wireless subscriber growth hits 5-yr high, profit view weak
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.
Verizon Tops Q4 Estimates as Wireless Subscribers Rise
Verizon Communications reported better-than-expected fourth-quarter results Friday morning as the number of wireless subscribers rose.
Verizon’s stock rises after biggest gain in five years on key subscriber metric
The telecommunications company hauled in a net of 568,000 new postpaid phone subscribers in the fourth quarter, well above the 488,000 that analysts tracked by FactSet had been modeling. Most of those — or 426,000 — came within the retail consumer business, which also saw its highest additions in five years, according to Friday’s release.
Why Verizon Stock Is Gaining Today
Verizon (NYSE: VZ) 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 Tops Wall Street Estimates With Mobile, Broadband Gains
Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.
Verizon Stock Rises After Earnings Beat. Those Price Hikes Are Paying Off.
Verizon Communications earnings surpassed Wall Street’s expectations as higher prices for the company’s mobile plans helped its wireless service business make more money than a year ago. Verizon reported adjusted earnings of $1.
Verizon forecasts downbeat annual free cash flow, profit on heavy 5G spending
Verizon Communications forecast annual free cash flow and profit below Wall Street estimates on Friday, as the U.S. telecom ...
Verizon Beats Investor Outlook With Mobile, Broadband Gains
Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new ...
Verizon: EPS and Revenue Top Forecasts
Verizon Communications reported solid fourth-quarter earnings driven by robust wireless service revenue growth and strong ...
Communications Services Cos Up After Strong Verizon Earnings -- Communications Services Roundup
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.
Verizon Communications Q4 Earnings Summary
Below are the earnings highlights for Verizon Communications (VZ): Earnings: $5.114 billion in Q4 vs. -$2.573 billion in the same ...
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Verizon Communications (NYSE: VZ)
Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Verizon ...
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Verizon retirees' lawsuit could pose threat to future pension risk transfers, legal experts say
The three retirees' lawsuit, filed Dec. 30 in U.S. District Court in New York, alleges Verizon and SSGA violated their ...
Verizon Results Boosted by Higher Prices, Gain in Wireless Customers -- Update
For the new year, Verizon said it expected adjusted earnings, which were $4.59 a share in 2024, to range from flat year-over-year to up 3%. A 3% increase would put the figure at $4.73, 1 cent above ...