Description
Verizon released its most recent results which were fairly good though we can develop a more balanced investment thesis for this telecommunications giant consists of highlighting several positives and negatives from the results of the fourth quarter of 2023. Of the uplifting notes, Verizon saw a 3.2% YoY growth in wireless service revenue, hitting $76.7 billion in 2023. The fourth quarter saw a strong finish with significant increases in customers embracing the offerings. The full year adjusted EBITDA amounted to $47.8 billion, contributing to an impressively robust free cash flow of $18.7 billion. This showcases Verizon’s disciplined and strategic approach to profitable growth, thus providing a stable financial footing for investors. Moreover, Verizon also increased its dividend for the 17th year in a row, demonstrating its commitment to returning capital to its shareholders.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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