Should investors worry about VZ's 2024 earnings?

**Verizon's 2024 earnings present a mixed picture**, with both positive and negative aspects to consider for investors:

1. **Earnings Estimates**: Verizon is expected to post earnings of $1.11 per share for the current quarter, representing a year-over-year change of +2.8%. This suggests a slight improvement in earnings compared to the previous year.
2. **Revenue Estimate**: The estimated revenue for the same period is $35.34 billion. This is a key metric to watch, as it indicates the company's total sales and can influence investor perceptions of its financial health.
3. **Analyst Sentiments**: Analysts have provided a range of ratings, with recent actions showing some adjustments. For instance, UBS raised its rating to "Neutral" with a price target of $45.00, while Scotiabank lowered its rating to "Sector Perform" with a price target of $47.00. The average 12-month price target is $47.36, with a high estimate of $55.00 and a low estimate of $44.00. This suggests a potential upside from the current price level.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|VZ|VZ.N|Verizon|20240424|39.49|169|

4. **Market Performance**: Verizon's stock has experienced a decline of -10.3% over the past month, which is a concern. However, the recent trading up of 1% and the company's dividend history may attract income-focused investors.
5. **Dividend Considerations**: Verizon is known for its dividend payments, which are an important aspect for income-seeking investors. The company has a history of paying dividends and has been included in lists of top dividend stocks.

In conclusion, while there are some positive indicators in Verizon's 2024 earnings outlook, such as the expected earnings per share increase and the average analyst price target suggesting upside potential, the recent stock price decline and market conditions should be monitored closely. Investors should also consider the company's dividend strategy and its impact on the stock's performance. Given the mixed signals, it may be prudent for investors to review their investment strategy and risk tolerance before making decisions based on Verizon's 2024 earnings.