Why The Verizon Stock Increased 1.99% (VZ)

By Amit Chowdhry ● Jan 25, 2023
  • The stock price of Verizon (VZ) increased by 1.99% in the most recent trading session. This is why.

Why: Q4 results

Results: Verizon Communications reported a Q4 EPS of $1.19, which was in line with analyst estimates of $1.19. And the revenue for the quarter was $35.3 billion compared to the consensus estimate of $35.11 billion.

Guidance: Verizon estimates a FY2023 EPS of $4.55 to $4.85 compared to the consensus of $4.97.