Verizon’s EBITDA growth
In this part, we’ll discuss Verizon’s (VZ) expected consolidated adjusted EBITDA growth in the first quarter. Analysts expect Verizon’s consolidated adjusted EBITDA to increase ~3.2% YoY (year-over-year) to $12.2 billion in the first quarter.
In the fourth quarter of 2018, Verizon reported an adjusted EBITDA of $11.6 billion, which rose from $10.7 billion in the fourth quarter of 2017. The company is driving its profitability through cost and capital efficiencies across its operations. Verizon reported an adjusted EBITDA margin of 33.8% in the fourth quarter of 2018 and 36.2% in fiscal 2018. The company reported an adjusted EBITDA margin of 35.7% in fiscal 2017. Verizon has reported $2.3 billion of cumulative cash savings in fiscal 2018. The company is committed to obtaining $10 billion in cumulative cash savings from its operations by 2021.