FMP
Jan 26, 2023 9:46 AM - Davit Kirakosyan
Verizon Communications (NYSE:VZ) reported its Q4 results, with EPS of $1.19 meeting the Street expectations. Revenue was $35.3 billion, slightly better than the Street estimate of $35.11 billion. The company expects fiscal 2023 EPS to be in the range of $4.55-$4.85, missing the Street estimate of $4.97.
According to the analysts at Deutsche Bank, the company’s results and guidance reflect the structural competitive challenges the company faces in Consumer Wireless, despite being an otherwise well-managed, high-quality, defensive business.
The root cause of these structural challenges is the combination of Verizon's industry-leading postpaid phone market share (at an estimated 38%); the fact that Verizon's two main competitors in wireless, AT&T and T-Mobile/Sprint, have significantly improved their own execution; and that the Cable industry has increased its share of industry gross and net adds.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...