Market Mover | Verizon Shares Drop 4% After Q3 Earnings Release
Market Mover | Verizon Shares Drop 4% After Q3 Earnings Release
Free cash flow year-to-date was $14.5 billion, compared with $14.6 billion in 2023.October 22, 2024 - $Verizon (VZ.US)$ shares dropped 4.00% to $41.95 in pre-market trading on Tuesday. The company reported third-quarter 2024 results today.
2024年10月22日 - $Verizon (VZ.US)$ 周二美股盘前交易中股价下跌4.00%，至41.95美元。公司今日报告了2024年第三季度的业绩。
Q3 Highlights
Q3亮点
Total consolidated operating revenue in third-quarter 2024 was $33.3 billion, essentially flat compared to third-quarter 2023, as service and other revenue growth was offset by declines in wireless equipment revenue.
Total wireless service revenue in third-quarter 2024 was $19.8 billion, a sequential increase of $70 million, and an increase of 2.7 percent year over year. This increase was primarily driven by pricing actions implemented in recent quarters and growth from fixed wireless connections.
Free cash flow year-to-date was $14.5 billion, compared with $14.6 billion in 2023.
Consolidated net income for third-quarter 2024 was $3.4 billion, down from consolidated net income of $4.9 billion in third-quarter 2023, and consolidated adjusted EBITDA was $12.5 billion, up from $12.2 billion in third-quarter 2023.
2024年第三季度的总合并营业收入为333亿元，与2023年第三季度基本持平，服务和其他收入增长被无线设备收入的下降抵消。
2024年第三季度的无线服务总收入为198亿美元，较上一季度增加7000万美元，同比增长2.7%。这一增长主要得益于近几个季度实施的价格调整和固定无线连接的增长。
截至目前的自由现金流为145亿美元，较2023年的146亿美元有所下降。
2024年第三季度的合并净利润为34亿美元，低于2023年第三季度的合并净利润49亿美元，合并调整后的EBITDA为125亿美元，高于2023年第三季度的122亿美元。
"This has been a pivotal quarter for Verizon, with transformative strategic moves and continued operational excellence. We continue to deliver strong results in mobility and broadband, and we are on track to meet our full-year 2024 financial guidance, with wireless service revenue and adjusted EBITDA trending at or above the midpoint of the guided range," said Verizon Chairman and CEO Hans Vestberg. "Our new products — myPlan, myHome and Verizon Business Complete — and our brand refresh are resonating with customers. Through our pending acquisition of Frontier Communications, and our agreement for Vertical Bridge to lease, operate and manage thousands of wireless communications towers, we have set Verizon up for disciplined growth, now and into the future."
这是verizon的一个关键的季度，具有转型性的战略举措和持续的运营卓越。我们在移动和宽带业务上持续取得强劲业绩，我们正在按照2024年全年财务指引的要求运营，无线服务营收和调整后的EBITDA正趋势在或高于指定范围的中点。verizon董事长兼首席执行官汉斯·维斯特伯格表示：“我们的新产品——myPlan、myHome和Verizon业务完整版——以及我们的品牌焕新正在赢得客户的共鸣。通过我们即将收购Frontier通信公司，并与Vertical Bridge达成协议，租赁、运营和管理成千上万的无线通信塔，我们使verizon可以实现未来有纪律的增长。”
Outlook and guidance
展望和指引
For 2024, Verizon continues to expect the following:
对于2024年，verizon继续预计如下：
Total wireless service revenue growth1 of 2.0 percent to 3.5 percent.
Adjusted EBITDA growth of 1% to 3%
Adjusted EPS of $4.50 to $4.70.
Capital expenditures between $17.0 billion and $17.5 billion.
Adjusted effective income tax rate in the range of 22.5 percent to 24.0 percent.
无线服务营收增长1区间为2.0%至3.5%。
调整后的EBITDA增长1%至3%。
调整后的EPS为4.50至4.70美元。
资本支出在170亿至175亿美元之间。
调整后的有效所得税率在22.5%至24.0%的区间内。
Related Reading: Press Release
相关阅读：新闻发布
