Verizon share price: 3 things to watch for in its Q1 results

The communications company has to answer these three questions before its Q1 earnings report.

Verizon share price could be dependent on these three factors. Here are three questions investors could ask before Verizon's Q1 earnings report.

Will Verizon's Q1 earnings meet expectations?

Verizon had a mixed Q4 revenue report with high earnings and worse-than-expected revenue. Verizon’s Q1 revenue was projected by the company to have single-digit percentage growth. Wall Street expects Verizon’s Q1 earnings per share to be $1.17. Verizon’s Q1 revenue is predicted to be $32.2 billion.

Because of the 2018 US corporate tax cuts, the communications company’s cash flow is also predicted to increase to $17.17 billion. Investors will be eager to see if Verizon’s Q1 earnings will meet the corporation’s or Wall Street’s expectations.

How will 5G technology affect Verizon’s Q1 profits?

Verizon’s Q1 earnings may depend heavily on being the first US company to offer 5G service to mobile devices. The super-fast speeds for mobile networks could be instrumental to improving Verizon’s Q1 profits. While Verizon’s 5G has just launched in some US cities, the company is hoping that updating its wireless network will help increase Verizon’s Q1 revenue.

The corporation will invest about $18 billion in 5G technology throughout the year, a 2-8% increase in expenditures. Mike Haberman, Verizon’s vice-president of network engineering, said that 5G technology will help Verizon’s Q1 profits.

‘We're not merely relabeling a technology. [5G] is meaningful,’ said Haberman.

Will corporate partnerships help Verizon’s Q1 results?

Verizon is using its 5G technology to partner with the National Football League( NFL) to improve American football fans’ phone experiences in stadiums. NFL commissioner, Roger Goddell, touted the new deal.

‘As the promise of 5G technology nears, I’m excited to enter into this innovation partnership with Verizon, which should again bring a multitude of benefits to our millions of fans worldwide,’ said Goddell.

Verizon spoke about using 5G to help customers use the new technology to enjoy an American football game.

‘Today’s announcement is another milestone in Verizon’s long-standing relationship with the NFL. The Innovation Partnership will use Verizon’s 5G technology to unlock new and exciting ways for NFL fans to view, share, and engage with their favorite teams no matter where they are. From the living room to the stadium, 5G will transform the sports experience,’ said Verizon in a statement.

Verizon is hoping that strategic partnerships with other corporations will help expand its fledgling 5G network and increase Verizon’s Q1 earnings.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Seize a share opportunity today

Go long or short on thousands of international stocks.

  • Increase your market exposure with leverage
  • Get spreads from just 0.1% on major global shares
  • Trade CFDs straight into order books with direct market access

See opportunity on a stock?

Don’t miss your chance. Try a risk-free trade in your demo account, and find out whether your hunch could have paid off.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance. Upgrade to a live account to take advantage.

  • Trade a wide range of popular global stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform, when it matters

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Bid
Offer
-
-
-
-
-
-
-
-
-
-
Bid
Offer
Bid
Offer
-
-
China 300
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.