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 - $Verizon (VZ.US)$ 週二美股盤前交易中股價下跌4.00%，至41.95美元。公司今日報告了2024年第三季度的業績。
Q3 Highlights
Q3亮點
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年第三季度的總合並營業收入爲333億元，與2023年第三季度基本持平，服務和其他收入增長被無線設備收入的下降抵消。
2024年第三季度的無線服務總收入爲198億美元，較上一季度增加7000萬美元，同比增長2.7%。這一增長主要得益於近幾個季度實施的價格調整和固定無線連接的增長。
截至目前的自由現金流爲145億美元，較2023年的146億美元有所下降。
2024年第三季度的合併淨利潤爲34億美元，低於2023年第三季度的合併淨利潤49億美元，合併調整後的EBITDA爲125億美元，高於2023年第三季度的122億美元。
"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."
這是verizon的一個關鍵的季度，具有轉型性的戰略舉措和持續的運營卓越。我們在移動和寬帶業務上持續取得強勁業績，我們正在按照2024年全年財務指引的要求運營，無線服務營收和調整後的EBITDA正趨勢在或高於指定範圍的中點。verizon董事長兼首席執行官漢斯·維斯特伯格表示：「我們的新產品——myPlan、myHome和Verizon業務完整版——以及我們的品牌煥新正在贏得客戶的共鳴。通過我們即將收購Frontier通信公司，並與Vertical Bridge達成協議，租賃、運營和管理成千上萬的無線通信塔，我們使verizon可以實現未來有紀律的增長。」
Outlook and guidance
展望和指引
For 2024, Verizon continues to expect the following:
對於2024年，verizon繼續預計如下：
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.
無線服務營收增長1區間爲2.0%至3.5%。
調整後的EBITDA增長1%至3%。
調整後的EPS爲4.50至4.70美元。
資本支出在170億至175億美元之間。
調整後的有效所得稅率在22.5%至24.0%的區間內。
Related Reading: Press Release
相關閱讀：新聞發佈
