Verizon Stock: Verizon Earnings Top Estimates, Revenue Light. Wireless Subscriber Adds Beat.
Verizon reported Q3 2026 earnings above estimates, with adjusted EPS of $1.31, beating the $1.27 consensus. Revenue came in at $34.31 billion, slightly below expectations. The company added a strong 820% more postpaid phone subscribers than expected, its highest in five years, and raised its 2026 forecast. Verizon also announced a deal with Amazon Web Services worth over $2 billion.
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- ✓ Verizon reported Q3 2026 adjusted earnings per share of $1.31, beating the $1.27 consensus estimate.
- ✓ Verizon's Q3 2026 revenue was $34.31 billion.
- ✓ Verizon added a record number of postpaid phone subscribers in Q3 2026, its highest in five years.
- ✓ Verizon raised its 2026 forecast following strong Q3 earnings.
What changed
Verizon raised its 2026 forecast after reporting strong Q3 earnings and a significant increase in postpaid phone subscribers.
Live updates
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Verizon Earnings Beat Estimates, Revenue Light; Wireless Subscriber Adds Beat
Verizon reported Q3 2026 earnings above estimates, with adjusted EPS of $1.31, beating the $1.27 consensus. Revenue came in at $34.31 billion, slightly below expectations. The company added a strong 820% more postpaid phone subscribers than expected, its highest in five years, and raised its 2026 forecast. Verizon also announced a deal with Amazon Web Services worth over $2 billion.
Why it matters
The telecommunications company's performance is significant as it shows a rebound in postpaid phone net additions and an expansion of AI Connect and fiber contracts. This indicates Verizon's strategy to focus on higher-value recurring revenue streams is paying off. The earnings report and guidance hike come as investors closely watch the company's ability to grow in a competitive market.
What is confirmed
- Verizon reported Q3 2026 adjusted earnings per share of $1.31, beating the $1.27 consensus estimate.
- Verizon's Q3 2026 revenue was $34.31 billion.
- Verizon added a record number of postpaid phone subscribers in Q3 2026, its highest in five years.
- Verizon raised its 2026 forecast following strong Q3 earnings.
- Verizon announced an AI infrastructure agreement with Amazon Web Services worth more than $2 billion.
What to watch next
- Verizon's Q4 2026 earnings report
- Execution of the Amazon Web Services deal
- Competitor earnings reports in the telecommunications sector
confidence 85%Sources used for this update (16)
- WSJ — Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion
- Barron's — Verizon Earnings Show Why Its Stock Is This Year’s Wireless Winner
- Investor's Business Daily — Verizon Stock: Verizon Earnings Top Estimates, Revenue Light. Wireless Subscriber Adds Beat.
- Fierce Network — Verizon CEO Schulman says he's demanding of employees, but it's paying off
- Light Reading — Verizon revamps FWA with mmWave 'breakthrough' to match fiber speeds
- Bloomberg.com — Verizon Raises 2026 Forecast After Big Jump in Phone Customers
- sherwood.news — Capital punishment - Sherwood News
- stocktwits.com — Why VZ Stock Is Falling Premarket Despite Verizon Hitting 5-Year High In Phone Additions, Raising 2026 Outlook
- finance.yahoo.com — Verizon Beats Third-Quarter Profit Estimates and Raises 2026 ...
- www.zacks.com — Verizon Beats Q3 Earnings Estimates on Strong Margins ...
- www.marketbeat.com — Verizon Communications Q3 2026 Earnings Results & Report
- www.fool.com — Verizon (VZ) Q3 2026 Earnings Call Transcript - The Motley Fool
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