Verizon (VZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Verizon Communications (VZ) closed at $41.08 in the latest trading session, marking a -0.53% move from the prior day.
VZ stock has underperformed the major market indices for the past few months. I believe this picture should change shortly. Verizon's revenue remained flat in Q1, but FCF increased by 16% YoY, leading to a positive outlook for the company. Verizon's recent data on key operating metrics seems more than solid to me if we take the stagnant state of the telecom industry as a whole as a benchmark.
Verizon is hoping new streaming bundles will drive increased profitability.
Verizon (VZ) is set to keep its services uninterrupted in the face of possible power outages, which include Public Safety Power Shutoff (PSPS) events in Hawaii commencing this week.
I sold my Verizon shares recently due to consideration of compressed dividend yield and tepid growth outlook. I expect the annual growth rate to be only around 1.5% and see other income options that provide both higher yield and higher growth potential. In particular, I used covered-call options to sell my shares, a proven strategy to help boost effective yield.
Verizon Communications Inc. is a well-managed company with high EBITDA and free cash flow, poised to announce a dividend hike. Verizon Communications' stock is undervalued, with potential for growth due to strong Free Cash Flow and growing dividend. The company's focus on debt repayment could lead to a re-rating to its intrinsic value, providing potential upside for investors.
Verizon (VZ) collaborates with Monarch Tractor to reshape agriculture with cutting-edge technology.
Verizon Communications (VZ) closed at $41.08 in the latest trading session, marking a -0.22% move from the prior day.
Verizon (VZ) unveils 'Network in a Box,' a revolutionary portable private network for large events, to ensure secure and reliable connectivity.
Verizon Communications' wireless unit will pay a $1.05 million fine to resolve an investigation that the company violated government rules by failing to deliver 911 calls during an outage in December 2022 in six states.