Verizon Communications Future Growth

Future criteria checks 2/6

Verizon Communications is forecast to grow earnings and revenue by 15.6% and 1.8% per annum respectively. EPS is expected to grow by 15.1% per annum. Return on equity is forecast to be 16.6% in 3 years.

Key information

15.6%

Earnings growth rate

15.1%

EPS growth rate

Telecom earnings growth	-3.6%
Revenue growth rate	1.8%
Future return on equity	16.6%
Analyst coverage	Good
Last updated	08 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BVL:VZ - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	139,449	20,541	19,127	37,279	16
12/31/2025	137,310	19,644	18,191	36,244	21
12/31/2024	134,568	17,101	18,783	36,038	21
9/30/2024	134,237	9,796	13,830	35,157	N/A
6/30/2024	134,243	11,252	13,932	36,024	N/A
3/31/2024	134,043	11,307	13,438	36,270	N/A
12/31/2023	133,974	11,614	12,912	37,475	N/A
9/30/2023	134,095	20,896	13,678	37,740	N/A
6/30/2023	135,000	21,034	12,367	37,496	N/A
3/31/2023	136,193	21,585	12,972	38,609	N/A
12/31/2022	136,835	21,256	10,401	37,141	N/A
9/30/2022	135,651	19,292	10,881	36,576	N/A
6/30/2022	134,325	20,799	10,112	36,766	N/A
3/31/2022	134,300	21,400	10,402	36,666	N/A
12/31/2021	133,613	22,065	-28,343	39,539	N/A
9/30/2021	134,238	22,040	-24,593	40,458	N/A
6/30/2021	132,866	19,990	-25,777	38,654	N/A
3/31/2021	129,549	18,890	-23,019	42,638	N/A
12/31/2020	128,292	17,801	19,680	41,768	N/A
9/30/2020	128,375	18,308	17,339	41,470	N/A
6/30/2020	129,726	19,145	21,140	43,462	N/A
3/31/2020	131,350	18,389	17,316	37,489	N/A
12/31/2019	131,868	19,265	16,909	35,746	N/A
9/30/2019	131,374	16,109	17,458	34,843	N/A
6/30/2019	131,087	15,839	16,482	33,742	N/A
3/31/2019	131,219	16,015	17,835	34,772	N/A
12/31/2018	130,863	15,528	16,252	34,339	N/A
9/30/2018	130,537	32,258	14,675	34,087	N/A
6/30/2018	129,647	30,954	N/A	31,445	N/A
3/31/2018	127,992	31,196	N/A	29,590	N/A
12/31/2017	126,034	30,101	N/A	24,318	N/A
9/30/2017	124,419	15,927	N/A	21,561	N/A
6/30/2017	123,639	15,927	N/A	19,208	N/A
3/31/2017	123,623	12,267	N/A	16,689	N/A
12/31/2016	125,980	13,127	N/A	21,689	N/A
9/30/2016	127,894	14,023	N/A	28,228	N/A
6/30/2016	130,115	14,441	N/A	32,932	N/A
3/31/2016	131,807	17,970	N/A	36,258	N/A
12/31/2015	131,620	17,879	N/A	39,027	N/A
9/30/2015	130,558	10,257	N/A	35,900	N/A
6/30/2015	128,986	9,914	N/A	34,733	N/A
3/31/2015	128,245	9,897	N/A	33,661	N/A
12/31/2014	127,079	9,625	N/A	30,631	N/A
9/30/2014	124,952	16,923	N/A	33,588	N/A
6/30/2014	123,645	15,460	N/A	36,474	N/A
3/31/2014	121,948	13,492	N/A	38,426	N/A
12/31/2013	120,550	11,497	N/A	38,818	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VZ's forecast earnings growth (15.6% per year) is above the savings rate (8.7%).

Earnings vs Market: VZ's earnings (15.6% per year) are forecast to grow faster than the PE market (10.1% per year).

High Growth Earnings: VZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: VZ's revenue (1.8% per year) is forecast to grow slower than the PE market (4% per year).

High Growth Revenue: VZ's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VZ's Return on Equity is forecast to be low in 3 years time (16.6%).

Verizon Communications Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Verizon Communications Inc. Deploys First-Ever Interoperable Multi-Vendor O-RAN DAS System

Verizon and the East Side Mosquito Abatement District Utilize Technology to Fight Mosquitoes

Verizon Communications, Inc. Launches New App, Verizon Family

Verizon Frontline Crisis Response Team Introduces Two New Deployable Assets

Third quarter 2024 earnings released: EPS: US$0.78 (vs US$1.13 in 3Q 2023)

Upcoming dividend of US$0.68 per share

Verizon Communications Inc. Appoints Santiago “Yago” Tenorio as Chief Technology Officer and SVP of Strategy and Technology Enablement

Insufficient new directors

Second quarter dividend increased to US$0.68

Verizon Communications Inc. (NYSE:VZ) entered into a definitive agreement to acquire Frontier Communications Parent, Inc. (NasdaqGS:FYBR) for $9.9 billion.

Verizon Announces New Google Pixel 9

Second quarter 2024 earnings released: EPS: US$1.09 (vs US$1.11 in 2Q 2023)

Upcoming dividend of US$0.67 per share

Verizon Communications Inc. Elects Caroline A. Litchfield to Its Board of Directors

Verizon Introduces New Customer-First Programs and Benefits, Refreshes the Brand

Verizon Frontline Showcases Advanced Communications Solutions At Technet Cyber

Verizon Business Announces End-to-End Smartphone Management Solution

Verizon Communications Inc. to Report Q2, 2024 Results on Jul 22, 2024

First quarter dividend of US$0.67 announced

Verizon Communications, Inc. Unveils the Gizmo Watch 3 - Adventure: the Ultimate Smartwatch for Kids

Verizon Communications Inc. Declares Quarterly Dividend, Payable on August 1, 2024

VoIP-Pal Files New Patent Infringement Against Lawsuits Against Verizon, and T-Mobile

Verizon Communications Inc. Announces Craig L. Silliman Will Step Down as Executive Vice President and President - Verizon Global Services, Effective July 1, 2024

Verizon Unveils New Ai Tools to Transform Customer Experience

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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