Verizon Communications Inc. logo

VZ

Verizon Communications Inc.

$39.67

Earnings Summary

Revenue
$32981Mn
Net Profits
$4602Mn
Net Profit Margins
13.95%
PE Ratio
14.9

Highlights

Revenue:

Verizon Communications Inc.’s revenue jumped 0.21% since last year same period to $32981Mn in the Q1 2024. On a quarterly growth basis, Verizon Communications Inc. has generated -6.12% fall in its revenue since last 3-months.

Net Profits:

Verizon Communications Inc.’s net profit fell -6.25% since last year same period to $4602Mn in the Q1 2024. On a quarterly growth basis, Verizon Communications Inc. has generated 270.13% jump in its net profits since last 3-months.

Net Profit Margins:

Verizon Communications Inc.’s net profit margin fell -6.45% since last year same period to 13.95% in the Q1 2024. On a quarterly growth basis, Verizon Communications Inc. has generated 281.21% jump in its net profit margins since last 3-months.

PE Ratio:

Verizon Communications Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.9.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Verizon Communications Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.15
EPS Estimate Current Year
1.15

Highlights

EPS Estimate Current Quarter:

Verizon Communications Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.15 - a 2.68% jump from last quarter’s estimates.

EPS Estimate Current Year:

Verizon Communications Inc.’s earning per share (EPS) estimates for the current year stand at 1.15.

Key Ratios

Key ratios of the Verizon Communications Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.15
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.67

Highlights

Earning Per Share (EPS):

Verizon Communications Inc.’s earning per share (EPS) fell -4.17% since last year same period to 1.15 in the Q1 2024. This indicates that the Verizon Communications Inc. has generated -4.17% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.12.

Dividend Per Share (DPS):

Verizon Communications Inc. declared 0.67 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-25
1.12
1.15
2.68%