
Verizon Communications (VZ) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Verizon Communications (VZ) last issued guidance on July 24, 2026 for fiscal year 2026. The company guided earnings per share in the range of $4.99 - $5.04, compared to a consensus EPS estimate of $4.95.
Compared to prior guidance, Verizon Communications maintained its EPS outlook from a previous range of $4.95 - $4.99.
Verizon Communications has issued 19 guidance updates between October 21, 2022 and July 24, 2026. During this period, the company raised its outlook 2 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.27 | $1.21 | $1.06 | $1.19 |
| Actual | $1.30 | $1.28 | $1.09 | $1.21 |
| Surprise | +2.36% | +5.79% | +2.83% | +1.68% |
| Revenue | ||||
| Estimate | $35.33B | $34.90B | $36.09B | $34.23B |
| Actual | $34.25B | $34.44B | $36.38B | $33.82B |
| Surprise | -3.04% | -1.31% | +0.85% | -1.20% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.28 | $1.15 | $1.32 | $1.36 |
| Revenue | ||||
| Consensus | $34.81B | $37.32B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 24, 2026 | $1.30 | $1.27 | 2.36 % |
| Q1 | Apr 27, 2026 | $1.28 | $1.21 | 5.79 % |
| Q4 | Jan 30, 2026 | $1.09 | $1.06 | 2.83 % |
| Q3 | Oct 29, 2025 | $1.21 | $1.19 | 1.68 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 24, 2026 | $34.25B | $35.33B | -3.04 % |
| Q1 | Apr 27, 2026 | $34.44B | $34.90B | -1.31 % |
| Q4 | Jan 30, 2026 | $36.38B | $36.09B | 0.85 % |
| Q3 | Oct 29, 2025 | $33.82B | $34.23B | -1.20 % |