Verizon Sees 2023 Adj. EPS $4.55-$4.85 vs $4.42 Est.
Portfolio Pulse from Benzinga Newsdesk
Verizon has projected its adjusted EPS for 2023 to be between $4.55 and $4.85, which is higher than the estimated $4.42.
October 24, 2023 | 11:03 am
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POSITIVE IMPACT
Verizon's 2023 adjusted EPS forecast is higher than the current estimate, indicating potential growth.
Verizon's higher than expected EPS forecast for 2023 indicates that the company expects to perform better than currently estimated. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100