Verizon reports Q1 adjusted EPS $1.28, consensus $1.21

Reports Q1 revenue $34.4B, consensus $34.86B. “Our first-quarter 2026 results show that our turnaround is not only progressing, it is gaining momentum,” said Verizon (VZ) CEO Dan Schulman. “We are beginning to reclaim our market leadership by putting the customer at the center of everything we do, reducing friction to increase loyalty and create genuine value. This disciplined approach is already delivering healthier economics, lower churn, and the first positive first-quarter postpaid phone net adds we’ve seen in over a decade. Given our strong performance and momentum, we are raising our 2026 Adjusted EPS1 guidance to year-over-year growth of 5.0 to 6.0 percent and we now expect our total retail postpaid phone net additions to be in the upper half of our 750,000 to one million range.”