# Verizon Communications Inc. (VZ) — Q3-2024 Earnings Results

**Report date:** 2024-10-22 (before market open)  
**Sector:** Communication Services / Integrated Telecommunication Services  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/VZ/earnings/Q3-2024

## Post-Earnings Brief

### Headline

Verizon Misses on Revenue, Stock Down 5.03%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.19 | N/A | +0.76% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Defensive

Management expressed concerns about competitive pressures affecting growth. They emphasized the importance of cost management in the current environment.

**Key quotes:**

> We are focused on maintaining our customer base amid competitive pressures.

> Cost management remains a priority as we navigate market challenges.

### Guidance Changes

No guidance updates were provided during the earnings call.

### What It Means

Verizon's earnings report indicates a mixed performance, with a slight EPS beat but no revenue figures disclosed. The stock fell 5.03% following the report, likely due to concerns about competitive pressures and a lack of forward guidance. Investors may be cautious as the company navigates a challenging market landscape.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/VZ/earnings/Q3-2024_