Verizon Communications (VZ Quick QuoteVZ - Free Report) reported $35.25 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 3.5%. EPS of $1.19 for the same period compares to $1.31 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $35.06 billion, representing a surprise of +0.55%. The company delivered an EPS surprise of -0.83%, with the consensus EPS estimate being $1.20.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Verizon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Consumer-Wireless-Net subscribers additions-Retail postpaid phones: 41 thousand compared to the 79.85 thousand average estimate based on five analysts.
• Consumer-Wireless total retail connections: 114520 thousand versus the four-analyst average estimate of 115160.2 thousand.
• Consumer-Fios video connections: 3234 thousand versus 3281.62 thousand estimated by four analysts on average.
• Consumer-Fios Internet connections: 6740 thousand compared to the 6762.69 thousand average estimate based on four analysts.
• Operating revenues-Consumer: $26.77 billion versus $26.71 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
• Operating revenues-Business: $7.90 billion compared to the $7.80 billion average estimate based on nine analysts. The reported number represents a change of +1.2% year over year.
• Operating revenues-Consumer-Service: $18.44 billion versus $18.40 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +5% change.
• Operating revenues-Consumer-Wireless equipment: $6.53 billion compared to the $6.49 billion average estimate based on eight analysts. The reported number represents a change of +3.3% year over year.
• Operating revenues-Consumer-Other: $1.80 billion versus the eight-analyst average estimate of $1.79 billion.
• Operating revenues-Business-Global Enterprise: $2.42 billion versus $2.46 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -4.2% change.
• Operating revenues-Business-Small and Medium Business: $3.28 billion compared to the $3.18 billion average estimate based on seven analysts. The reported number represents a change of +5.5% year over year.
• Operating revenues-Business-Wholesale: $662 million versus $637.70 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +1.7% change.

View all Key Company Metrics for Verizon here>>>

Shares of Verizon have returned +3.2% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.