Verizon Communications Inc reports results for the quarter ended June 30 - Earnings Summary
Verizon Communications Inc reports results for the quarter ended June 30 - Earnings Summary
Verizon Communications Inc VZ.N reported quarterly adjusted earnings of $1.30 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of twenty one analysts for the quarter was for earnings of $1.27 per share. Wall Street expected results to range from $1.00 to $1.51 per share.
Revenue fell 0.7% to $34.25 billion from a year ago; analysts expected $35.16 billion.
Verizon Communications Inc's reported EPS for the quarter was 92 cents.
The company reported quarterly net income of $3.84 billion.
Verizon Communications Inc shares had risen by 3.5% this quarter and gained 7.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 17 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is also "buy"
Wall Street's median 12-month price target for Verizon Communications Inc is $50.00, about 12.4% above its last closing price of $43.82
This summary was machine generated from LSEG data July 24 at 12:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.27 | 1.30 | Beat |
Mar. 31 2026 | 1.20 | 1.28 | Beat |
Dec. 31 2025 | 1.05 | 1.09 | Beat |
Sep. 30 2025 | 1.19 | 1.21 | Beat |
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