Verizon rises after raising annual profit forecast

Verizon Communications

24/07/2026 12:06

** Shares of U.S. wireless carrier Verizon Communications VZ.N rise 3.8% to $45.36 premarket	
** Co raises annual adjusted EPS and free cash flow forecasts
** Adds 184,000 postpaid phone subscribers in Q2, topping estimate of 103,900 - FactSet data
** Co now expects annual adjusted EPS of $4.99 to $5.04, compared with prior forecast of $4.95 to $4.99
** Q2 revenue of $34.3 bln misses estimate of $35.16 bln; adj. EPS $1.30 beats estimate of $1.27 - data compiled by LSEG

 (Reporting by Anzar Mehraj in Bengaluru)
 ((Anzar.Mehraj@thomsonreuters.com;))