(Finance) – Verizon Communicationsthe US telecommunications giant, recorded earnings per share (EPS) for theentire year 2024 by $4.14, compared to $2.75 for full-year 2023; Adjusted EPSexcluding special items, of $4.59 compared to full-year 2023 adjusted EPS of $4.71. Operating revenues totals of $134.8 billion for full-year 2024, up 0.6 percent from full-year 2023. The cash flow from operations for the full year 2024 it was $36.9 billion, compared to $37.5 billion in 2023.
The company reported earnings per share of $1.18 in fourth quarter 2024, compared to EPS of -$0.64 in Q4 2023; Adjusted EPS, excluding extraordinary items, of $1.10, compared to $1.08 in fourth quarter 2023. Total operating revenue of $35.7 billion in fourth quarter 2024, up 1.6 percent from fourth quarter quarter 2023. Consolidated net income for the fourth quarter of 2024 was $5.1 billion, compared to a net loss of $2.6 billion in the fourth quarter 2023.
“It will only get better this year and beyond, as we have continued to strengthen Verizon with the upcoming acquisition of Frontier, new satellite partnerships, and ongoing AI enablement, which we expect will improve and broaden our network for everyone we serve.” , said the CEO Hans Vestberg.
For the 2025Verizon predicts: Total wireless services revenue growth of 2.0 percent to 2.8 percent; adjusted EBITDA growth of 2.0 percent to 3.5 percent; adjusted EPS growth of 0 to 3.0 percent (with the midpoint below analysts’ estimates for 2.7 percent growth, according to LSEG data); cash flow from operations from 35 billion to 37 billion.