Verizon Tops Q4 Estimates as Wireless Subscribers Rise | Global News Avenue

Verizon Communications (VZ) On Friday morning, with the increase in the number of wireless reservations, the fourth quarter of Friday morning was much better than expected.

The net income of the Verizon report is $ 5.11 One billion US dollars, $ 1.18 per share, $ 35.68 One billion US dollars of revenue. It can be seen that ALPHA analysts expect the profit of US $ 4.74 billion, that is, $ 1.09 per share, with revenue of US $ 35.36 billion.

exist Last quarterVerizon’s net loss was $ 0.64 per share, because special items lost $ 7.8 billion, including $ 5.8 billion Goodwill damage charges In its business department. However, the company’s post -adjusted profit was $ 1.08 per share, and the income per share after the fourth quarter rose slightly to $ 1.10 this year, in line with expectations.

Verizon added 568,000 wireless and 408,000 broadband customers in the fourth quarter. A year ago, it increased 449,000 and 413,000 subscribers, respectively.

Verizon is expected to increase its wireless service revenue by 2 % to 2.8 % in 2025. The adjustment of the adjusted earnings per share is flat, as high as 3 % from $ 4.59 per share this year.

“This year and later situations will only become better, because we continue to acquire through the border, new satellite partnerships and continuous AI enlightenment to strengthen Verizon. We hope that this will enhance and expand everyone of our services. Network, Hans Vestberg, chief executive of “Verizon”.

Competitors AT & T (T) And T-Mobile (TM) It is expected to report the income in the fourth quarter of next Monday and Wednesday.

In the past 12 months, Verizon’s stock has decreased by about 5 % in the past 12 months, and soon after the report, it has changed.