Story perspectives

Verizon Beats Q1 Forecasts, Adds 55K Subscribers, Raises EPS Guidance

4/28/2026

Summary

Verizon Beats Forecasts

Verizon posted Q1 2026 adjusted EPS of $1.28 on $34.4 billion revenue, beating forecasts.
It added 55,000 net postpaid phone subscribers—the first positive Q1 net increase since 2013—and grew broadband customers by 341,000 to about 16.8 million.
Verizon raised its full-year 2026 adjusted EPS guidance to $4.95–$4.99, its stock climbed 3%–4% after a $2.5 billion buyback, and operating cash flow reached $8.0 billion while net unsecured debt rose to $130.1 billion.

Summary

Verizon Q1 Earnings

Verizon will webcast its Q1 2026 earnings on April 27 at 8:30 a.m. ET, with materials from 7:00 a.m. ET.
Verizon closed its acquisition of Frontier Communications on January 20, 2026, so the quarter includes Frontier results.
Analysts expect adjusted EPS of $1.21 to $1.23 and revenue of $34.8 billion for the quarter.
Verizon declared a quarterly dividend of $0.7075 payable on May 1 and set a 2026 free-cash-flow target above $21.5 billion to support dividend sustainability and debt reduction.

History

Historical Context

In 2015 Verizon bought AOL, marking its first major move into digital media. The strategy continued with the 2017 Yahoo merger and the 2021 sale of its media unit, showing a pattern of expanding then divesting content assets. The January 20 2026 completion of the $20 billion Frontier purchase extends Verizon’s wireline base, echoing its long-standing consolidation drive that began after the 2000 Bell Atlantic-GTE merger.

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Verizon Beats Forecasts

Verizon posted Q1 2026 adjusted EPS of $1.28 on $34.4 billion revenue, beating forecasts.
It added 55,000 net postpaid phone subscribers—the first positive Q1 net increase since 2013—and grew broadband customers by 341,000 to about 16.8 million.
Verizon raised its full-year 2026 adjusted EPS guidance to $4.95–$4.99, its stock climbed 3%–4% after a $2.5 billion buyback, and operating cash flow reached $8.0 billion while net unsecured debt rose to $130.1 billion.

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