earnings
confidence high
sentiment positive
materiality 0.80
Verizon 1Q26: Rev $34.4B, Adj EPS $1.28 (+7.6%), raises FY guidance to 5-6% growth
VERIZON COMMUNICATIONS INC
2026-Q1 EPS
reported $1.20
vs consensus $1.23
▼ miss
(-2.7%)
- Adj EPS $1.28 (+7.6% YoY); FY26 adj EPS guidance raised to $4.95-$4.99 (5-6% growth).
- First positive Q1 postpaid phone net adds since 2013: 55K adds, a YoY improvement of over 340K.
- Consolidated adj EBITDA $13.4B (record high), up 6.7% YoY; revenue $34.4B up 2.9%.
- Free cash flow $3.8B in Q1, up 4% YoY; FY FCF guidance reaffirmed at $21.5B+.
- Frontier acquisition closed Jan 20; paid down ~half of Frontier debt, expect substantially all by year-end.