Verizon Communications Inc. (NYSE: VZ) is scheduled to report second-quarter 2024 earnings on Jul 22. The Zacks Consensus Estimate for second-quarter sales and earnings is pegged at $33.07 billion and $1.15 per share, respectively. Earnings estimates for VZ have declined marginally from $4.59 per share to $4.58 per share for 2024 and from $4.72 per share to $4.71 per share for 2025 over the past 30 days. VZ Estimate Trend Image Source: Zacks Investment Research Earnings Surprise History The communication services provider has had a modest earnings surprise history in the trailing four quarters, exceeding earnings expectations on each occasion. It delivered a four-quarter earnings surprise of 2.83%, on average. In the last reported quarter, the company delivered an earnings surprise of 2.68%. Image Source: Zacks Investment Research Earnings Whispers Our proven model does not conclusively predict an earnings beat for Verizon for the second quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. Verizon currently has an ESP of -0.06% with a Zacks Rank #3. Factors Shaping Upcoming Results Verizon is offering various mix-and-match pricing in wireless and home broadband plans that have historically led to increased adoption of 5G devices and premium unlimited plans. In addition to various bundle plans for varied streaming services, it offers customers greater control and flexibility over their preferred content selections, allowing them to pay only for what they want. This is likely to have translated into healthy customer ...