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Verizon (VZ +0.89%) reported third-quarter 2024 earnings this week, and investors were disappointed by the lack of growth. Not only was the top line not great, but costs from layoffs and acquisitions were a drag on the bottom line. Travis Hoium shows everything you need to know in this video.

*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Verizon Communications. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Verizon Communications Stock Quote
Verizon Communications
NYSE: VZ
$48.25
(+0.89%)+$0.43

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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Verizon Stock Falls After Another Underwhelming Quarter | The Motley Fool