Verizon Communications (VZ) shares edge lower as Q1 results uninspiring
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PepsiCo, McDonald's and Spotify rise premarket; First Republic slumps
April 25, 2023 8:15 AM EDTInvesting.com -- Stocks in focus in premarket trade on Tuesday, April 25th. Please refresh for updates.
First Republic Bank (NYSE: FRC) stock slumped 21% after the regional lender saw $100 billion in customer withdrawals last month, fuelling concerns that it will need to offload its mortgage portfolio at a heavy loss to cover the... More
Verizon's tepid results underscore wireless slowdown, tough competition
April 25, 2023 6:54 AM EDT(Reuters) -Verizon Communications Inc missed first-quarter revenue and free cash flow estimates on Tuesday, hit by wireless subscriber losses as inflation-hit Americans delayed device upgrades and a pandemic-led growth boom fizzled out.
Shares of the New York-based telecom company were down 0.8% in premarket trading.
Verizon has seen broadband demand surge following its scale-up of the technology behind 5G... More
Verizon Communications (VZ) Tops Q1 EPS by 1c
April 25, 2023 6:51 AM EDTVerizon Communications (NYSE: VZ) reported Q1 EPS of $1.20, $0.01 better than the analyst estimate of $1.19. Revenue for the quarter came in at $32.9 billion versus the consensus estimate of $33.61 billion.
GUIDANCE:
Verizon Communications sees FY2023 EPS of $4.55-$4.85, versus the consensus of $4.70.... More
Verizon Communications (VZ) option implied volatility into quarter results
April 24, 2023 10:17 AM EDTVerizon Communications (NYSE: VZ) April weekly call option implied volatility is at 50, May is at 26; compared to its 52-week range of into 17 to 36 the expected release of quarter results before the bell on April 25.
... MoreVerizon Communications (VZ) option implied volatility into quarter results
April 24, 2023 10:17 AM EDTVerizon Communications (NYSE: VZ) April weekly call option implied volatility is at 50, May is at 26; compared to its 52-week range of into 17 to 36 the expected release of quarter results before the bell on April 25.
... MoreVerizon Communications (VZ) April weekly 37 straddle into quarter results
April 24, 2023 5:09 AM EDTVerizon Communications (NYSE: VZ) April weekly 37 straddle is priced for a move of 4% into the expected release of quarter results before the bell on April 25.
... More