Verizon Continues To Expect FY24 Adj. EPS $4.50-$4.70 vs $4.58 Est.
Portfolio Pulse from Benzinga Newsdesk
Verizon has reaffirmed its expectation for FY24 adjusted EPS to be in the range of $4.50 to $4.70, which is in line with the market estimate of $4.58.
July 22, 2024 | 11:04 am
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NEUTRAL IMPACT
Verizon has reaffirmed its FY24 adjusted EPS guidance of $4.50-$4.70, which aligns with the market estimate of $4.58. This consistency in guidance is likely to maintain investor confidence.
The reaffirmation of the EPS guidance within the expected range suggests stability and predictability in Verizon's financial performance. This is likely to maintain investor confidence but may not significantly move the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100