Company news: Verizon’s (VZ) quarterly results top analysts’ expectations

Verizon (VZ) reported Q4 FY2024 earnings of $1.10 per share (versus $1.08 per share in Q4 FY2023), beating analysts’ consensus estimate of $1.09 per share.

The company’s quarterly revenues amounted to $35.700 bln (+1.7% y/y), beating analysts’ consensus estimate of $35.335 bln.

The company also issued in-line EPS guidance for FY2025 of flat to +3% y/y to ~$4.59-4.73 versus analysts’ consensus estimate of $4.72.

VZ fell to $39.13 (-0.13%) in pre-market trading.