The chart below shows how VZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VZ sees a +1.15% change in stock price 10 days leading up to the earnings, and a +0.95% change 10 days following the report. On the earnings day itself, the stock moves by -0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Wireless Revenue Growth: Wireless service revenue grew by 2.7% year-over-year, indicating strong demand and effective pricing strategies.
Record EBITDA Achievement: Verizon achieved a record EBITDA of $12.5 billion in Q3, showcasing operational efficiency and profitability.
Strong Cash Flow Generation: The company generated $6 billion in cash flow during the quarter, reflecting robust financial health and cash generation capabilities.
Subscriber Growth Improvement: Verizon added 239,000 net postpaid phone subscribers, marking a significant improvement in customer acquisition and retention efforts.
Broadband Subscriber Expansion: The Fixed Wireless Access subscriber base surpassed 1.5 million, contributing to a total of nearly 12 million broadband customers, demonstrating successful expansion in the broadband market.
Negative
Wireless Revenue Slowdown: Financial Results: Wireless service revenue growth was only 2.7%, indicating a slowdown compared to previous quarters.
Subscriber Loss Decline: Operating Highlights: The company reported a net loss of 239,000 postpaid phone subscribers, a significant decline from the previous quarter's gains.
Broadband Subscriber Growth: Customer Growth: The broadband segment added only 389,000 subscribers, falling short of expectations and indicating potential market saturation.
Cash Flow Impact: Cost Management: Cash taxes increased by $2.5 billion year-to-date, impacting overall cash flow and financial flexibility.
Increased Leverage Target: Negative Corporate Actions: The company announced a long-term leverage target increase to 2.0x to 2.25x, indicating a more cautious approach to debt management amid rising costs.
Earnings call transcript: Verizon beats Q4 2024 earnings forecast, stock rises
VZ.N
2.78%