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Verizon shares rise as earnings beat and guidance boost offset revenue miss
Proactive13d agoneutral
Verizon shares rise as earnings beat and guidance boost offset revenue miss

Verizon Communications Inc (NYSE:VZ, XETRA:BAC) shares rose about 3% on Friday morning after the company reported second quarter results that beat Wall Street expectations for adjusted earnings and raised its full-year outlook, despite revenue coming in below forecasts. The company reported...

Investing.com13d agobullish
Verizon shares rise on earnings beat, raised guidance

Investing.com -- Verizon Communications Inc (NYSE:VZ) on Friday reported second quarter results that exceeded adjusted earnings expectations while revenue fell short of analyst estimates, with shares rising 2.7% following the announcement.

Verizon (NYSE:VZ) Misses Q2 CY2026 Sales Expectations
StockStory13d agobearish
Verizon (NYSE:VZ) Misses Q2 CY2026 Sales Expectations

Telecommunications giant Verizon (NYSE:VZ) fell short of the market’s revenue expectations in Q2 CY2026, with sales flat year on year at $34.25 billion. Its non-GAAP profit of $1.30 per share was 2.7% above analysts’ consensus estimates.

Verizon lifts annual forecasts as new mobile plans spur subscriber gains
Reuters13d agoneutral
Verizon lifts annual forecasts as new mobile plans spur subscriber gains

Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider's latest unlimited 5G ‌plans and rewards programs helped it add more wireless subscribers ‌than expected in the June quarter. The company is in the midst of a strategic transition under new CEO Dan Schulman, rolling out simplified mobile plans, a new loyalty program and bundled wireless-broadband offerings to improve customer additions after trailing rivals in subscriber growth. Verizon gained ‌184,000 monthly-bill paying wireless ⁠subscribers in the second quarter, surpassing estimates of 103,900 additions by analysts polled by FactSet.

New Home Sales: What to Watch Friday
The Wall Street Journal13d agoneutral
New Home Sales: What to Watch Friday

Today Earnings: American Express, Verizon, Charter Communications, HCA Healthcare, Volkswagen, Canadian National Railway Economic data: Commerce Department data on new home sales for June, S&P flash U.

Verizon Communications (VZ) Sells Stores And Cuts Jobs, Is The Stock Still A Bargain?
Simply Wall St.13d agobearish
Verizon Communications (VZ) Sells Stores And Cuts Jobs, Is The Stock Still A Bargain?

Verizon Communications (VZ) is in the middle of a broad reset, selling 274 company-owned stores, cutting jobs, relying more on franchises, and promoting new products such as the Gizmo Watch 4 as quarterly earnings approach. See our latest analysis for Verizon Communications. Against this backdrop of store sales, cost cuts and new product launches, Verizon Communications' share price has moved to $44.29, with a 7 day share price return of 3.41% but a 90 day share price return that declined...

Verizon Earnings Will Put Cost Cuts and SpaceX Fears Under the Microscope
Barrons.com13d agoneutral
Verizon Earnings Will Put Cost Cuts and SpaceX Fears Under the Microscope

Verizon is set to round out the Big Three telecommunications companies reporting earnings this week, and its cost-cutting push is likely to come into focus alongside potential competition risks from SpaceX. Rivals AT&T and T-Mobile reported earlier this week, with both beating on earnings but missing on revenue. As Verizon stock has outperformed both this year, the company likely faces a higher bar when it reports before the open Friday.