macro

Verizon Lifts Third-Quarter Profit as Revenue Edges Higher

Verizon reported third-quarter profit of $5.198 billion, or $1.25 per share, up from a year earlier, according to TradingView citing dpa-AFX and RTTNews.

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what happened

Verizon Communications posted third-quarter earnings of $5.198 billion, or $1.25 per share, compared with $4.950 billion, or $1.17 per share, a year earlier. Excluding items, adjusted earnings reached $1.31 per share.

Revenue rose 1.5% to $34.313 billion from $33.821 billion. According to the report, which TradingView attributes to dpa-AFX and RTTNews, the company kept its full-year 2026 adjusted EPS guidance at $5.04 to $5.06. It expects mobility and broadband service revenue growth in the upper half of its 2.5% to 3.0% annual range, with about 4.0% growth in the fourth quarter.

why it matters

The results point to steady but moderate growth at a large telecom operator. Investors will focus on the guidance for mobility and broadband services, which drives sentiment across the US telecom sector. Profit growing faster than revenue suggests cost control held up in the quarter.

market impact

US telecom sector: steady revenue and unchanged guidance support interest in VZ shares

tags

instruments

VZUS telecom stocks

sources

  1. Verizon Communications Reports Climb In Q3 Profit — TradingView, 26 October 2026 at 11:21 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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