Verizon Sees FY24 Adj. EPS $4.50-$4.70 vs $4.58 Est., Adj. EBITDA Growth 1-3%
Portfolio Pulse from Benzinga Newsdesk
Verizon projects its adjusted earnings per share (EPS) for FY24 to be in the range of $4.50-$4.70, compared to the estimated $4.58. Additionally, the company anticipates its adjusted EBITDA to grow by 1-3%.
April 22, 2024 | 11:04 am
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Verizon anticipates its FY24 adjusted EPS to range between $4.50-$4.70, aligning closely with the $4.58 estimate, and expects a 1-3% growth in adjusted EBITDA.
Verizon's projected EPS for FY24 is closely aligned with analyst estimates, indicating a stable financial outlook. The anticipated growth in adjusted EBITDA, although modest, suggests operational efficiency and potential for steady growth. This news is likely to be viewed neutrally by investors as it confirms expectations without significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100