* Verizon Communications Inc is expected to show a rise in quarterly revenue when it reports results on April 22 for the period ending March 31 2024
* The New York City-based company is expected to report a 1.0% increase in revenue to $33.239 billion from $32.91 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Verizon Communications Inc is for earnings of $1.12 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
* Wall Street's median 12-month price target for Verizon Communications Inc is $46.00, above its last closing price of $40.13.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.08 1.07 1.08 Beat 0.6
Sep. 30 2023 1.18 1.18 1.22 Beat 3.5
Jun. 30 2023 1.17 1.16 1.21 Beat 3.9
Mar. 31 2023 1.19 1.20 1.20 Met 0.3
Dec. 1.18 1.19 1.19 Met 0.3
31 2022
Sep. 30 2022 1.28 1.29 1.32 Beat 2.7
Jun. 30 2022 1.32 1.32 1.31 Missed -0.9
Mar. 31 2022 1.34 1.35 1.35 Met 0.3
This summary was machine generated April 19 at 13:35 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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