Verizon Sees 2024 Adj. EPS $4.50-$4.70 vs $4.59 Est.
Portfolio Pulse from Benzinga Newsdesk
Verizon forecasts its adjusted earnings per share (EPS) for 2024 to be in the range of $4.50 to $4.70, which compares to the estimated $4.59 by analysts.
January 23, 2024 | 12:04 pm
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NEUTRAL IMPACT
Verizon's projected adjusted EPS for 2024 is in line with analyst expectations, indicating stable financial performance.
Verizon's guidance for 2024 adjusted EPS is within the range of analyst estimates, suggesting that the company's financial outlook is consistent with market expectations. This may not lead to significant short-term stock price movement as the information aligns with what investors already anticipate. However, it does reinforce the perception of Verizon's stability and could support investor confidence in the company's management and future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100