Verizon Communications Earnings: What Investors Should Watch

Verizon Communications (NYSE:VZ) will report earnings before markets open on Thursday, July 18th. Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones.

Here is your Cheat Sheet to Verizon Communications Earnings:

Earnings Expectations: Analysts expect earnings of $0.73 per share on revenues of $29.82 billion. Currently, the company’s P/E ratio stands at 128.35.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.75 and has not changed. For the current year, the average estimate is a profit of $2.79, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Verizon Communications has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 97,354 107,808 106,565 110,875 115,846
Diluted EPS ($) 2.26 1.29 0.90 0.85 0.31

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 28,552.00 29,007.00 30,045.00 29,420.00
Diluted EPS ($) 0.64 0.56 -1.48 0.68

Past Performance:
Verizon Communications has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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