While the top- and bottom-line numbers for Verizon (VZ) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Verizon Communications Inc. (VZ) Q1 2026 Earnings Call Transcript
Verizon (NYSE: VZ) is pushing higher on Apr. 27, even though the telecommunications giant came in slightly shy of revenue estimates for its first financial quarter. While the top-line number of $34.4 billion narrowly missed the consensus of roughly $35 billion, the post-earnings momentum helped VZ break above its 20-day moving average (MA) on Monday.
Verizon Communications Inc (NYSE:VZ, XETRA:BAC) said on Monday it is in advanced discussions with hyperscalers, cloud providers, and large enterprises to deploy its fiber and 5G assets for artificial intelligence infrastructure, a revenue opportunity the telecom giant described as potentially worth multiple billions of dollars, with further details expected in three to six months. The announcement came as Verizon reported first-quarter revenue of $34.4 billion, up 2.9% year-over-year but below analyst estimates of $34.82 billion.
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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