Earnings Summary

Verizon Communications Inc.’s revenue fell -0.34% since last year same period to $35130Mn in the Q4 2023. On a quarterly growth basis, Verizon Communications Inc. has generated 5.38% jump in its revenue since last 3-months.

Verizon Communications Inc.’s net profit fell -141.13% since last year same period to $-2705Mn in the Q4 2023. On a quarterly growth basis, Verizon Communications Inc. has generated -156.8% fall in its net profits since last 3-months.

Verizon Communications Inc.’s net profit margin fell -141.27% since last year same period to -7.7% in the Q4 2023. On a quarterly growth basis, Verizon Communications Inc. has generated -153.9% fall in its net profit margins since last 3-months.

Verizon Communications Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 14.72.

Verizon Communications Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.12 - a 4.67% jump from last quarter’s estimates.

Verizon Communications Inc.’s earning per share (EPS) estimates for the current year stand at 1.12.

Verizon Communications Inc.’s earning per share (EPS) fell -9.24% since last year same period to 1.08 in the Q4 2023. This indicates that the Verizon Communications Inc. has generated -9.24% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.13.

Verizon Communications Inc. declared 1.33 dividend per share during the earnings announcement for Q4 2023.