The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.

This was the stock's third consecutive day of losses.

Verizon ( VZ 1.14%) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session.

Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service. That is up from 449,000 a year earlier and beat analyst estimates for 488,300 additions.

D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.

Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.

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Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses ...

In its upcoming report, Verizon Communications (VZ) is predicted by Wall Street analysts to post quarterly earnings of $1.09 per share, reflecting an increase of 0.9% compared to the same period ...

U.S. stock futures showed small losses due to tariff concerns stirred by President Trump's trade policies. Boeing and Verizon shares fell due to forecasts of higher losses and lower profits, respectively.

On a per-share basis, the New York-based company said it had net income of $1.18. Earnings, adjusted for severance gains, came to $1.10 per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Verizon (VZ – Research Report) today and set a price target of $55.00.Invest