Verizon raises 2026 adjusted EPS forecast to $4.99-$5.04
VZ•Verizon raises 2026 guidance
Verizon raised 2026 guidance for mobility and broadband service revenue growth to 2.5%–3.0%, projecting about 3.0% in Q3 and about 4.0% in Q4.
Adjusted EPS outlook increased to $4.99–$5.04, implying 6.0%–7.0% year-over-year growth.
Cash flow from operations is expected to rise about 2.0%–4.0%, while free cash flow is forecast to grow 9.0%–10.0%.
The update follows Q2 mobility and broadband service revenue of about $23.4 billion, up 2.8%, with adjusted EBITDA of $13.7 billion, up 7.2%.
Capital spending guidance was maintained at $16.0 billion–$16.5 billion, with retail postpaid phone net adds still seen in the upper half of 750,000–1,000,000.
