Verizon Communications (NYSE:VZ) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Posted by Brenda Bartman on Oct 26th, 2026

Verizon Communications logo Verizon Communications (NYSE:VZ – Get Free Report) announced its quarterly earnings data on Monday. The cell phone carrier reported $1.31 EPS for the quarter, beating the consensus estimate of $1.27 by $0.04, FiscalAI reports. The business had revenue of $34.31 billion for the quarter, compared to the consensus estimate of $34.77 billion. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.

Verizon Communications Trading Down 0.2%

VZ stock opened at $44.59 on Monday. The firm has a fifty day moving average price of $47.57 and a 200 day moving average price of $46.63. Verizon Communications has a fifty-two week low of $38.54 and a fifty-two week high of $51.68. The firm has a market cap of $185.24 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 1.70 and a beta of 0.26. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60.

Verizon Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 9th will be issued a $0.7075 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.3%. Verizon Communications’s dividend payout ratio (DPR) is 73.70%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VZ. TD Cowen increased their target price on Verizon Communications from $54.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Morgan Stanley boosted their price target on Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Scotiabank lowered their price target on Verizon Communications from $51.50 to $50.00 and set a “sector outperform” rating on the stock in a report on Friday, October 9th. Weiss Ratings restated a “buy (b)” rating on shares of Verizon Communications in a research note on Wednesday, August 26th. Finally, Royal Bank Of Canada increased their price objective on shares of Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Monday, July 27th. Eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Verizon Communications has an average rating of “Hold” and a consensus price target of $50.80.

Get Our Latest Research Report on VZ

More Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

Positive Sentiment: Verizon reported quarterly adjusted EPS of $1.31, exceeding analysts’ $1.27 estimate. The company also raised its full-year outlook for postpaid phone additions, adjusted EPS and free cash flow, signaling continued operating momentum. Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion
Positive Sentiment: Third-quarter operating revenue rose 1.5% year over year to approximately $34.3 billion, while net income increased 5.2% to $5.3 billion. Verizon added 406,000 postpaid phone customers, 137,000 postpaid accounts and 314,000 broadband customers, including growth in fixed wireless and fiber. Verizon Q3 Revenue Reaches $34.3 Billion as Net Income Rises 5.2%
Positive Sentiment: Verizon signed an agreement valued at more than $2 billion with Amazon Web Services to provide distributed computing capacity for artificial-intelligence workloads. Operating cash flow reached $11.5 billion and free cash flow totaled $7.8 billion, supporting the company’s dividend and investment plans. Verizon Lifts Outlook, Inks Amazon Deal Worth More Than $2 Billion
Neutral Sentiment: Investor attention remains focused on the Federal Reserve and interest rates. Higher yields can make Verizon’s income-oriented shares less attractive, while potential rate cuts could improve the appeal of its dividend.
Negative Sentiment: Revenue of $34.31 billion fell short of the $34.77 billion consensus forecast, tempering the impact of the EPS beat.
Negative Sentiment: Reports that SpaceX is seeking access to at least 80,000 U.S. cell sites to build a nationwide mobile network raise concerns about future pricing pressure, customer losses and higher competitive spending for Verizon and other carriers. AT&T, Verizon and T-Mobile warn FCC as SpaceX plots a phone network

Insider Transactions at Verizon Communications

In related news, CEO Kyle Malady sold 1,100 shares of the company’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $44.48, for a total transaction of $48,928.00. Following the sale, the chief executive officer owned 99,966 shares of the company’s stock, valued at $4,446,487.68. This represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 9,900 shares of company stock worth $469,073 over the last quarter. 0.03% of the stock is owned by corporate insiders.

About Verizon Communications

(Get Free Report)

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and digital connectivity services. Through its consumer business, Verizon offers mobile voice and data plans, smartphones and other connected devices, home internet, fixed wireless access, and fiber-optic broadband services under the Fios brand.

Verizon also serves businesses, government agencies, and other organizations with wireless connectivity, private networks, internet and data services, managed communications, cloud and security solutions, and Internet of Things services.