Verizon Communications Inc. logo

VZ

Verizon Communications Inc.

$32.41

Earnings Summary

Revenue
$32596Mn
Net Profits
$4648Mn
Net Profit Margins
14.26%

Highlights

Revenue:

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.

Net Profits:

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.

Net Profit Margins:

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.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
1.21
EPS Estimate Current Year
1.21

Highlights

EPS Estimate Current Quarter:

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.

EPS Estimate Current Year:

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

Key Ratios

Key ratios of the Verizon Communications Inc. post its Q1 2023 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.23

Highlights

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 0.23.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-10-25
1.29
1.32
2.33%
2022-07-28
1.32
1.31
-0.76%
2022-04-27
1.35
1.35
0%