Did Verizon raise its annual guidance?

Yes, the company raised its full-year 2026 guidance.

How did Verizon stock perform after the announcement?

The stock rose on Friday following the earnings release.

Why did Verizon stock rise?

The rise was driven by better-than-expected earnings and a guidance raise, boosting confidence in the turnaround plan.

Verizon Rises After Q2 Earnings Beat, Guidance Raised

Verizon (VZ) reported Q2 adjusted earnings of $1.30 per share, beating expectations, while revenue slipped 0.7% to $34.3 billion. The company raised its full-year guidance, sending shares higher.

By: Wrqti Editorial

July 24, 2026

2 min read

Source: Barrons.com

Key Numbers

revenue

34.3B

eps

1.30

revenue change

-0.7%

Verizon (VZ) shares rose on Friday after the telecom giant reported better-than-expected second-quarter earnings and raised its full-year guidance, signaling that CEO Dan Schulman's turnaround plan is gaining momentum.

Key Financial Results

Metric	Q2 2026	YoY Change
Revenue	$34.3B	-0.7%
Adjusted EPS	$1.30	-

Highlights from the Report

Verizon attributed the strong performance to improved margins in its wireless segment and growth in its fiber broadband subscriber base. Cost-cutting measures also contributed to profitability.

Guidance

The company raised its full-year 2026 adjusted earnings per share outlook, though specific figures were not disclosed.

Stock Impact

Verizon shares rose sharply on Friday, reflecting investor optimism about the operational improvements.

What This Means for Investors

The results indicate that Schulman's overhaul is gaining traction, which could support the stock over the long term. However, the slight revenue decline remains a point to monitor.

Frequently Asked Questions

Verizon reported adjusted EPS of $1.30, beating estimates.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.