Verizon: Q4 EPS up slightly

(CercleFinance.com) - Verizon reports adjusted EPS (excluding special items) of $1.
10 for Q4 2024, compared with $1.08 in Q4 2023, with adjusted EBITDA up from $11.7bn to $11.9bn. NB pmt +0.3%.

This result is thanks to growth in mobile service revenues, partly offset by the impact of higher modernization volumes and the continued decline in business fixed service revenues, the telecom operator says.

Total operating revenues rose by 1.6% to $35.7bn, including mobile service revenues up 3.1% to $20bn. It also claims nearly one million post-paid mobile and broadband subscribers.

For 2025, Verizon expects growth of 0 to 3% for adjusted EPS, 2% to 3.5% for adjusted EBITDA and 2% to 2.8% for mobile service revenues, as well as free cash flow of $17.5bn to $18.5bn.


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