Earnings Summary

Verizon Communications Inc.’s revenue fell -3.53% since last year same period to $32596Mn in the Q2 2023. On a quarterly growth basis, Verizon Communications Inc. has generated -0.96% fall in its revenue since last 3-months.

Verizon Communications Inc.’s net profit fell -10.6% since last year same period to $4648Mn in the Q2 2023. On a quarterly growth basis, Verizon Communications Inc. has generated -5.32% fall in its net profits since last 3-months.

Verizon Communications Inc.’s net profit margin fell -7.33% since last year same period to 14.26% in the Q2 2023. On a quarterly growth basis, Verizon Communications Inc. has generated -4.4% fall in its net profit margins since last 3-months.

Verizon Communications Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.21 - a -6.2% fall from last quarter’s estimates.

Verizon Communications Inc.’s earning per share (EPS) estimates for the current year stand at 1.21.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Verizon Communications Inc.’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Verizon Communications Inc.’s return on equity (ROE) stands at 0.23.