VZ Earnings Prediction
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 +0.80% change in stock price 10 days leading up to the earnings, and a +0.25% change 10 days following the report. On the earnings day itself, the stock moves by +0.49%. This data can give you a slight idea of what to expect for the next quarter's release.
VZ Key Earning Data
VZ Earnings Analysis
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.
VZ FAQs
How does VZ typically perform around its earnings report dates?
VZ's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +0.80% change leading up to the report and a +0.25% change in the 10 days following the release.
Is Earnings call transcript: Verizon beats Q4 2024 earnings forecast, stock rises positive or negative?
How can historical earnings data help predict future stock performance?
VZ Earning Call Sentiment
Earnings call transcript: Verizon beats Q4 2024 earnings forecast, stock rises
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