Thread regarding Verizon Communications Inc. layoffs

Q4 earnings

A few more days until the fourth-quarter earnings call. I hope we don't miss the numbers. Do you have any predictions?

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Post ID: @OP+1eQ7Zvza

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Verizon Non-GAAP EPS of $1.31 beats by $0.03, revenue of $34.1B beats by $120M

Post ID: @8knd+1eQ7Zvza

What to expect from Verizon's Q4 results?
Jan. 24, 2022 1:33 PM ET | Verizon Communications Inc. (VZ) | By: Preeti Singh, SA News Editor

Verizon (NYSE:VZ) is scheduled to announce Q4 earnings results on Tuesday, January 25th, before market open. The consensus EPS Estimate is $1.28 (+5.8% Y/Y) and the consensus Revenue Estimate is $33.95B (-2.2% Y/Y).
Shares rose 2.41% on Oct. 20 after Verizon reported its Q3 results. The wireless network operator generated adj. EPS of $1.41 on revenue of $32.9B (+4.4% Y/Y). Total wireless service revenue grew 3.9% Y/Y, driven by higher access revenue, volume growth and products.
The company had updated its financial guidance for the full year at the time, expecting total wireless service revenue growth of around 4% (vs. prior guidance of 3.5% to 4%) and adj. EPS of $5.35 to $5.40, up from $5.25 to $5.35.
Over the last 2 years, VZ has beaten EPS estimates 88% of the time and has beaten
revenue estimates 63% of the time.
Over the last 3 months, EPS estimates have seen 7 upward revisions and 3 downward.
Revenue estimates have seen 8 upward revisions and 4 downward.
Verizon skipped the FCC's last 5G airwaves auction, seemingly content after spending the majority of a record-setting auction last year when it picked up significant C-band spectrum.
Its 5G rollout will also speed up after US transport officials cleared the air around
deployment. Officials were earlier pressing to delay C-band 5G airwaves but has now given a go-head. Verizon touted faster service after January 19 as it deploys its 5G Ultra Wideband network to more than 1,700 cities.
Verizon is likely to get a boost from its $6B acquisition of TracFone Wireless, too, bringing the country's leading prepaid/value mobile provider under its umbrella. The deal closed in November and adds about 20 million subscribers who came to the service through a network of more than 90,000 retail locations.
Meanwhile, BofA Global Research expects 2022 to be the year "5G comes alive thanks to infrastructure" with heavy deployment spending in the cards. Verizon, along with fellow Comments Sort by telecoms major AT&T, have committed to spend up to $18B in the next three years, on top of their base-case capital expenditures for that period of $90B.
J.P. Morgan expects a big year for telecoms, buoyed by fiber construction and fixed wireless ramp-up. SA contributors too expect outsized returns with extended 5G rollouts in 2022 and double-digit net profit margin and return on equity.

Post ID: @7owe+1eQ7Zvza

Bad enough that most employees will be below target for annual bonuses, but just good enough that C level execs meet or exceed their targets.

Post ID: @1bxx+1eQ7Zvza

4q is always good. Holiday sales. We will be fine.

Post ID: @1nxg+1eQ7Zvza

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