Verizon Communications Reports Climb In Q3 Profit

What happened

Verizon Communications reported third-quarter profit of $5.198 billion, or $1.25 per share, up from $4.950 billion, or $1.17 per share, a year earlier. Revenue rose 1.5% to $34.313 billion from $33.821 billion last year.

Confirmed

Global impact / market context

Higher profit and revenue mean Verizon keeps more cash after covering costs, which can support debt payments, network investment, and shareholder returns. Adjusted earnings of $1.31 per share exclude certain items, giving investors a cleaner view of recurring profit.

Analyst inference

Verizon guided full-year 2026 earnings per share to $5.04 to $5.06 and said mobility and broadband service revenue growth should land in the upper half of its annual range, signaling management expects steadier core growth ahead.

Analyst inference

What to watch

1. Full-year 2026 earnings per share guidance is $5.04 to $5.06, while mobility and broadband service revenue growth is expected in the upper half of the annual range. Confirmed
2. Watch whether Verizon's fourth-quarter 2026 mobility and broadband service revenue actually grows about 4.0%, as management currently expects, since that pace would exceed the full-year range. Proposed
3. Track whether the revenue gain comes from customer additions or price increases, because subscriber growth can require higher marketing and equipment costs, affecting future profit per sale. Analyst inference

Evidence

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