NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) -- Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon ((NYSE, NASDAQ:VZ), is scheduled to speak at the Deutsche Bank Media, Internet & Telecom Conference on Tuesday, March 11, at 8:00 a.m. ET. His remarks will be webcast, with access instructions available on Verizon's Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. ((NYSE, NASDAQ:VZ) powers and empowers how its millions of custom ...

Core Insights - Verizon is launching initiatives to promote digital wellness for families, recognizing the challenge of managing screen time with an average of 18 connected devices per household [1][2] - The company aims to empower families with resources and tools for digital safety, ensuring technology enhances lives rather than detracts from them [2][4] Group 1: Strategic Initiatives - Verizon is introducing digital wellness programs to provide training and resources for users of all ages, focusing on building healthy habits and relationships with technology [4] - The Verizon Arcade Unplugged pop-up experience will encourage screen-free family time through life-sized interactive challenges, coinciding with the Global Day of Unplugging [5] Group 2: Partnerships and Collaborations - Verizon is collaborating with Discovery Education to create a Digital Citizenship Initiative, offering free tools and resources for K-12 students [7] - A partnership with Sesame Workshop aims to study the digital well-being of children aged 8 to 12, addressing technology use challenges faced by families [7] - Workshops for parents and caregivers will be offered in select Verizon retail stores through My Digital TAT2, focusing on fostering children's digital wellness [7] Group 3: Tools and Resources - The Verizon Family app provides features like location sharing, parental controls, and crash detection to keep families connected and protected [6] - A new digital wellness course for older adults is being developed in collaboration with OATS from AARP, focusing on safe technology use and privacy protection [7] Group 4: Financial Performance - Verizon generated revenues of $134.0 billion in 2023, showcasing its commitment to innovation and meeting customer needs [8]

Verizon (NYSE: VZ ) reported good earnings in the recent quarter and was able to beat the revenue estimates by $350 million. The dividend yield is also at a healthy 6.3% rate, which has increased the attraction of the stock for investors lookingI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has ...

Company Performance - Verizon Communications (VZ) closed at $42.84, with a slight decrease of -0.07% compared to the previous day, underperforming the S&P 500 which gained 1.12% [1] - Over the last month, Verizon's shares increased by 7.69%, outperforming the Computer and Technology sector's loss of 7.5% and the S&P 500's loss of 4.13% [1] Earnings Expectations - The upcoming earnings report for Verizon is expected to show an EPS of $1.14, reflecting a 0.87% decline from the same quarter last year, with anticipated revenue of $33.46 billion, indicating a 1.44% increase year-over-year [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $4.69 per share and revenue of $136.75 billion, representing increases of +2.18% and +1.46% respectively compared to the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Verizon are crucial as they reflect changes in short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Verizon at 3 (Hold), with the consensus EPS estimate moving 0.19% lower over the last 30 days [6] Valuation Metrics - Verizon has a Forward P/E ratio of 9.15, significantly lower than the industry average of 17.32, indicating that Verizon is trading at a discount compared to its peers [7] - The current PEG ratio for Verizon is 4.49, compared to the Wireless National industry's average PEG ratio of 3.01, suggesting that Verizon's expected earnings growth rate is factored into its valuation [8] Industry Ranking - The Wireless National industry, which includes Verizon, holds a Zacks Industry Rank of 27, placing it in the top 11% of over 250 industries, indicating strong performance potential [8][9]

Core Insights - Verizon Business has expanded its IoT connectivity services by partnering with Singtel and Skylo, enhancing its global IoT offerings to cover up to 200 territories worldwide [2][9] - The Global IoT Orchestration service allows Verizon Business customers to activate devices internationally using partner networks, with Singtel focusing on the Asia Pacific region [3][9] - Skylo's satellite services will extend Verizon's domestic network coverage, particularly in areas with limited cellular connectivity, with plans for future international expansion [4][9] Company Developments - The integration of Global IoT Orchestration into the Verizon ThingSpace IoT management platform enables centralized management of IoT connectivity across all territories [5][9] - Verizon's revenue for 2024 was reported at $134.8 billion, indicating strong financial performance and a commitment to innovation in connectivity solutions [10] Partner Contributions - Singtel's partnership will enhance IoT connectivity for Verizon's customers in the Asia Pacific, facilitating real-time management of enterprise IoT applications [7] - Skylo's technology ensures continuous connectivity for IoT devices, addressing coverage challenges in industrial and enterprise applications [8]

Core Insights - Verizon Business has expanded its IoT connectivity services by partnering with Singtel and Skylo, enhancing its global IoT offerings [2][3][9] - The Global IoT Orchestration service allows Verizon customers to activate devices internationally using partner networks, now commercially available with support from Singtel, Bell Canada, and Telenor IoT [3][9] - Verizon's partnership with Skylo will provide satellite connectivity in the U.S., improving coverage in areas with limited cellular service [4][9] Group 1: Partnerships and Services - Singtel will support Verizon Business customers in deploying IoT connectivity in the Asia Pacific region, enhancing the Global IoT Orchestration service [3][9] - Skylo's satellite services will extend Verizon's domestic network coverage, with plans for future international expansion [4][9] - The Global IoT Orchestration service is integrated into the Verizon ThingSpace IoT management platform, allowing centralized management of IoT services across various territories [5][9] Group 2: Executive Statements - Verizon Business emphasizes the importance of its IoT services in meeting global customer needs, highlighting the launch of Global IoT Orchestration and satellite-enhanced coverage [7] - Singtel expresses enthusiasm for supporting Verizon's customers with multi-domestic network offerings, aiming to enhance coverage and innovation across industries [7] - Skylo acknowledges the strengthened relationship with Verizon for Industrial and Enterprise IoT Solutions, emphasizing the reliability of the ThingSpace platform [8] Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, serving nearly all Fortune 500 companies and focusing on mobility, connectivity, and security [10]

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.My last article on Verizon (NYSE: VZ ) was an earnings preview for the fourth quarter of 2024. More specifically, that article was titled "Verizon Q4 Preview: Now Is The Time To Be Greedy (Rating Upgrade)." AsSensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to generate bot ...

What you need to know: Verizon Business and Accenture will help customers across all industries and businesses of all sizes become cyber resilient. New advanced services will help companies identify security vulnerabilities and detect, respond to and recover from cyberattacks and will be integrated with Verizon's portfolio of network solutions. The partnership will focus on the most pressing areas of risk: identity and access management (IAM), managed extended detection and response (MxDR) and cyber risk se ...

NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on May 1, 2025, to Verizon shareholders of record at the close of business on April 10, 2025. Verizon demonstrated strong performance in 2024, as it more than doubled wireless postpaid phone net additions compared to 2023, and continued to take broad ...

NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 4, at 11:30 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work ...