- Verizon experienced a larger-than-expected loss in wireless retail postpaid phone customers, with a net change of -289,000 compared to an estimated -185,471 and even worse than last year’s -114,000.
- Despite the customer losses, Verizon’s operating revenue for the first quarter reached $33.50 billion, slightly above the estimated $33.23 billion.
- The company’s adjusted earnings per share (EPS) came in at $1.19, surpassing both the previous year and the estimate of $1.15.
- Verizon achieved an adjusted EBITDA of $12.6 billion, marking a 4.1% increase year-over-year, and outperforming the estimate of $12.35 billion.
- Wireless equipment revenue totaled $5.4 billion, showing the company’s strength in this segment.
- Consumer revenue reached $25.6 billion, slightly exceeding the anticipated $25.34 billion.
- Business revenue was reported at $7.3 billion, falling short of the expected $7.34 billion.
- Wireless service revenue came in at $20.8 billion, surpassing the projection of $20.61 billion.
- The number of FIOS Internet subscribers increased by 45,000, which is a 15% decline from the previous year and below the estimate of +50,483.
- Despite challenges, Verizon reaffirms its full-year guidance and remains confident in achieving its 2025 goals, excluding the impact of potential tariffs.
Verizon Communications on Smartkarma
Analysts at Baptista Research on Smartkarma have provided insightful coverage of Verizon Communications. In their report titled “Verizon Communication & Its 5G Empire: Can Recent Technological Innovations Help Sustain Its Market Position? – Major Drivers,” they discussed Verizon’s strategic initiatives, market positioning, and operational performance. Highlighting growth in wireless, broadband, and AI sectors, the report underlines Verizon’s successful financial year.
Another report by Baptista Research, “Verizon Communications Inc.: Exploitation of B2B Opportunities Through Fiber and Network Assets & Other Major Drivers,” delves into Verizon’s third-quarter earnings and strategic developments. CEO Hans Vestberg’s remarks on achievements and advancements underscored the company’s financial health. With a 2.7% growth in wireless service revenue, Verizon exhibited strong performance in the latest quarter, affirming its operational focus and trajectory.
A look at Verizon Communications Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Verizon Communications Inc. has been awarded positive Smart Scores in key areas indicating a favorable long-term outlook. With a top score of 5 in both Dividend and Momentum, the company demonstrates strong performance in terms of investor returns and market trends. Its Value score of 3 suggests stability in its pricing relative to its financial metrics. The Growth and Resilience scores of 3 also indicate a promising direction for the company’s expansion and ability to withstand challenges. Overall, Verizon Communications appears to be well-positioned for sustained growth in the telecommunications sector.
Verizon Communications Inc. is a diversified telecommunications company offering a range of services including wireline voice, wireless, and Internet services. Additionally, the company provides network solutions to the federal government, highlighting its presence in both consumer and business markets. With solid Smart Scores across various categories, Verizon’s strategic positioning and robust dividend payouts reflect a company with strong fundamentals and growth potential in the competitive telecommunications industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
