What's the outlook for VZ's 2025 earnings?

Verizon's 2025 earnings outlook appears to be positive, with several key indicators suggesting steady growth and a robust financial performance. Here's a detailed analysis:

1. **Earnings Guidance**: Verizon has provided earnings per share (EPS) guidance for FY 2025, ranging from $4.590 to $4.730. This compares favorably to the consensus estimate of $4.670. This indicates that the company expects to meet or slightly exceed market expectations.
2. **Revenue Growth**: The company has projected wireless service revenue growth of 2.0% to 2.8% for the year. This is a positive sign, as it suggests that Verizon's core business segment is expected to grow steadily.
3. **Adjusted EBITDA Growth**: Verizon anticipates adjusted EBITDA to grow between 2.0% and 3.5%. This indicates that the company expects to see increased profitability from its operations.
4. **Cash Flow and Free Cash Flow**: The company expects cash flow from operations to be between $35 billion and $37 billion, with free cash flow ranging from $17.5 billion to $18.5 billion. This suggests that Verizon will have sufficient liquidity to fund its operations and capital expenditures.
5. **Capital Expenditures**: Verizon plans to invest significantly in 5G infrastructure, particularly in the C-band spectrum. These investments are crucial for maintaining a competitive edge in the telecom sector and are expected to support future revenue growth.
6. **Dividend Yield**: Verizon's dividend yield is currently high at 5.97%, which is a attractive feature for income-focused investors. The company has a history of dividend distribution, with an 18th consecutive year of dividends.

In conclusion, Verizon's 2025 earnings outlook is positive, with expectations of steady revenue growth, increased profitability, and strong cash flow. The company's strategic investments in 5G infrastructure are likely to support long-term growth, and its commitment to dividend distribution further enhances its appeal to investors seeking income.