Verizon Communications (VZ) Tops Q1 EPS by 7c; offers guidance

Verizon Communications (NYSE: VZ) reported Q1 EPS of $1.28, $0.07 better than the analyst estimate of $1.21. Revenue for the quarter came in at $34.4 billion versus the consensus estimate of $34.82 billion.

GUIDANCE:

Verizon Communications sees FY2026 EPS of $4.95-$4.99, versus the consensus of $4.91.

In addition, for 2026, Verizon continues to expect the following:

Total mobility and broadband service revenue growth of 2.0 percent to 3.0 percent, equating to approximately $93 billion. Wireless service revenue growth will be approximately flat in 2026 as the company transitions to sustainable volume-based growth.
Cash flow from operations of $37.5 billion to $38.0 billion.
Capital expenditures of $16.0 billion to $16.5 billion.
Free cash flow1 of $21.5 billion or more, growing approximately 7.0 percent or more from 2025, which will mark the highest free cash flow1 generated since 2020.

For earnings history and earnings-related data on Verizon Communications (VZ) click here.

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