Verizon Communications Inc (NYSE:VZ) stock is up 3.8% to trade at $48.10, after the telecom giant reported adjusted first-quarter earnings of $1.28, topping estimates of $1.21.
Verizon tops Q1 earnings estimates on record adjusted EBITDA and stronger margins, but revenue misses as broadband adds surge and upgrade promos stay disciplined.
Verizon Communications (VZ) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.19 per share a year ago.
Earnings per share topped expectations, while revenue came up short.
The carrier defied Wall Street expectations of a drop in subscribers, while a January network outage dragged on revenue.
In the latest trading session, Verizon Communications (VZ) closed at $47.22, marking a +2.7% move from the previous day.
VZ gears up for Q1 earnings as Frontier deal, 5G push and fiber expansion set the stage, but rising competition clouds near-term upside.
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Get a deeper insight into the potential performance of Verizon (VZ) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Clarity Financial LLC lifted its holdings in shares of Verizon Communications Inc. (NYSE: VZ) by 697.0% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 471,127 shares of the cell phone carrier's stock after acquiring an additional 412,018 shares during the
CPC Advisors LLC boosted its stake in Verizon Communications Inc. (NYSE: VZ) by 24.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,882 shares of the cell phone carrier's stock after buying an additional 13,606 shares during the quarter. CPC
Verizon (VZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.