By Harshita Mary Varghese (Reuters) -Verizon beat Wall Street estimates for quarterly profit and wireless subscriber additions on Wednesday, as promotions around the recent iPhone launches helped the U.S. wireless service provider attract more customers. The company added 44,000 total monthly bill-paying wireless subscribers in the third quarter, compared with expectations for 19,000 additions, according to data from FactSet. The results could ease investor concerns that Verizon is losing ground to riva ...

Financial Performance - Verizon reported third-quarter 2025 total operating revenue of $33.8 billion, up 1.5% year-over-year[7] - Earnings per share (EPS) for Q3 2025 was $1.17, compared to $0.78 in Q3 2024, with adjusted EPS of $1.21[7] - Consolidated net income for Q3 2025 was $5.1 billion, up from $3.4 billion in Q3 2024[7] - Free cash flow for the nine months ended September 30, 2025, was $15.8 billion, an increase from $14.5 billion in the same period in 2024[7] - Net income attributable to Verizon for the nine months ended September 30, 2025, rose by 18.6% to $14,832 million from $12,501 million in the same period of 2024[16] - Operating income for the three months ended September 30, 2025, increased by 36.8% to $8,105 million compared to $5,926 million for the same period in 2024[16] - Consolidated Adjusted EBITDA for the quarter was $12,775 million, compared to $12,491 million in the same quarter last year[43] - Consolidated Net Income for the 12 months ended September 30, 2025, was $20,274 million, up from $17,949 million for the 12 months ended December 31, 2024[45] - Consolidated Adjusted EBITDA for the 12 months ended September 30, 2025, reached $50,064 million, compared to $48,791 million for the 12 months ended December 31, 2024[45] Revenue Breakdown - Wireless service revenue reached $21.0 billion in Q3 2025, an increase of 2.1% year-over-year[7] - Consumer wireless service revenue was $17.4 billion in Q3 2025, up 2.4% year-over-year[7] - Total wireless revenue increased to $27,644 million, a 3.0% rise from $26,848 million year-over-year[39] - Wireless equipment revenue rose by 6.4% to $4,766 million for the three months ended September 30, 2025, compared to $4,478 million in the prior year[23] - The company reported a 5.2% increase in wireless equipment revenues for the three months ended September 30, 2025, totaling $5,619 million compared to $5,343 million in the same period of 2024[16] - FWA revenue surged by 34.9% to $758 million from $562 million year-over-year[39] Debt and Cash Flow - Verizon's total unsecured debt at the end of Q3 2025 was $119.7 billion, down from $126.4 billion at the end of Q3 2024[7] - Total debt as of September 30, 2025, was $146,775 million, up from $144,014 million at the end of 2024[19] - Cash and cash equivalents as of September 30, 2025, were $7,706 million, an increase of $3,512 million from $4,194 million at the end of 2024[18] - The Unsecured Debt to Consolidated Net Income Ratio improved to 5.9x as of September 30, 2025, down from 6.6x[47] - The Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio was 2.2x as of September 30, 2025, compared to 2.3x previously[47] - Free Cash Flow for the nine months ended September 30, 2025, was $15,760 million, an increase from $14,461 million for the same period in 2024[50] - The forecast for Free Cash Flow for the full year 2025 has been revised to $19,500 - $20,500 million, up from the original forecast of $17,500 - $18,500 million[51] Customer Metrics - Verizon delivered 306,000 broadband net additions in Q3 2025, with total broadband connections growing to over 13.2 million[7] - Wireless retail postpaid connections increased to 31,043,000, a 1.7% increase from 30,532,000 in the previous year[34] - Wireless retail postpaid connections increased to 94,870, a 0.9% rise from 94,005 in the previous year[26] - Fixed wireless access (FWA) broadband connections surged by 28.0% to 3,198, up from 2,498 year-over-year[26] - Total broadband connections rose to 2,649,000, reflecting a 22.8% increase from 2,157,000 year-over-year[34] - Total broadband connections rose by 8.5% to 10,593 for the three months ended September 30, 2025, compared to 9,762 in the same period last year[26] Operating Expenses and Margins - Operating expenses for the three months ended September 30, 2025, decreased by 6.2% to $25,716 million compared to $27,404 million for the same period in 2024[16] - Operating Income Margin for the Consumer segment was 29.4% for the three months ended September 30, 2025, slightly down from 30.0% in the prior year[52] - Operating Income Margin for the Business segment improved to 8.9% for the three months ended September 30, 2025, compared to 7.7% in the same period last year[53] - Operating income for the Business segment increased by 12.7% to $637 million for the three months ended September 30, 2025, compared to $565 million in the prior year[32] - Segment EBITDA for the Consumer segment for the three months ended September 30, 2025, was $11,232 million, reflecting a year-over-year change of 2.0%[52] - Segment EBITDA for the Business segment for the three months ended September 30, 2025, was $1,672 million, with a year-over-year change of 4.2%[53]

Core Insights - Verizon Communications Inc. reported third-quarter 2025 results, indicating a positive trajectory towards achieving full-year financial guidance [1][9] - CEO Dan Schulman emphasized a shift to a customer-first culture and aggressive transformation of the company's operations and financial profile [2] Financial Performance - Earnings per share (EPS) for Q3 2025 was $1.17, up from $0.78 in Q3 2024; adjusted EPS was $1.21 compared to $1.19 in Q3 2024 [7][24] - Total operating revenue reached $33.8 billion, reflecting a year-over-year increase of 1.5% [7] - Consolidated net income for Q3 2025 was $5.1 billion, compared to $3.4 billion in Q3 2024 [7] - Cash flow from operating activities for the first nine months of 2025 was $28.0 billion, up from $26.5 billion in the same period of 2024 [7] - Free cash flow for the first nine months of 2025 was $15.8 billion, an increase from $14.5 billion in 2024 [7] Revenue Segments - Wireless service revenue grew to $21.0 billion in Q3 2025, marking a 2.1% increase year-over-year [7] - Verizon Consumer revenue totaled $26.1 billion in Q3 2025, up 2.9% year-over-year [7] - Total Verizon Business revenue was $7.1 billion in Q3 2025, a decrease of 2.8% year-over-year [11] Subscriber Metrics - Consumer wireless retail postpaid churn was 1.12% in Q3 2025, while wireless retail postpaid phone churn was 0.91% [11] - Verizon delivered 306,000 broadband net additions in Q3 2025, with total broadband connections exceeding 13.2 million, representing an 11.1% increase year-over-year [7][11] - Business reported 110,000 wireless retail postpaid net additions in Q3 2025, including 51,000 postpaid phone net additions [11] Debt and Financial Ratios - Total unsecured debt at the end of Q3 2025 was $119.7 billion, down from $126.4 billion at the end of Q3 2024 [7] - The ratio of unsecured debt to consolidated net income (LTM) was 5.9 times, and net unsecured debt to consolidated adjusted EBITDA ratio was 2.2 times [7][22] Outlook and Guidance - Verizon remains confident in its full-year guidance, expecting capital expenditures to be within or below the previously guided range of $17.5 billion to $18.5 billion [9][12] - The company anticipates total wireless service revenue growth of 2.0% to 2.8% and adjusted EBITDA growth of 2.5% to 3.5% for the full year [12]

Key Points Verizon offers a beefy 7.1% yield, and next September it should boost its payouts for the twentieth year in a row. Carnival has been besting analyst quarterly profit targets for three years, and Wall Street pros continue to underestimate its earnings potential. Verizon and Carnival are posting modest revenue growth, but it's positive growth for two undervalued investments. 10 stocks we like better than Verizon Communications › It's not easy to find legitimate bargains in the market the ...

NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Verizon Frontline is calling on developers from across the nation to create new mobile applications to help first responders and public safety agencies operate more safely and efficiently. The Verizon Frontline App Developer Challenge is a nationwide contest that will award one grand prize winner a $25,000 cash prize for the most innovative app idea. The challenge is the latest initiative from the Verizon Frontline Innovation Program, which focuses on developing a ...

Key Takeaways Verizon will report Q3 2025 earnings on Oct. 29, with estimates at $34.18B in sales and $1.19 EPS.Earnings estimates for 2025 and 2026 have inched lower over the past month, signaling tempered outlook.Weak demand in business segment and fierce competition from T and TMUS may pressure Verizon's margins.Verizon Communications Inc. (VZ) is scheduled to report third-quarter 2025 earnings on Oct. 29. The Zacks Consensus Estimate for sales and earnings is pegged at $34.18 billion and $1.19 per share ...

NEW YORK, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report third-quarter 2025 earnings on Wednesday, October 29, 2025. The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Access instructions and third-quarter 2025 earnings materials will be available at 6:30 a.m. ET on Verizon’s Investor Relations website, https://www.verizon.com/about/investors. These materials will include Verizon's earnings news release, presentation and financial ...

Verizon Communications Inc. (NYSE:VZ) is one of the 10 Best Dow Stocks to Buy According to Wall Street Analysts. On October 8, Verizon Communications Inc. (NYSE:VZ) reported that it has agreed to acquire Starry, a provider of next-generation fixed wireless broadband services. This transaction will help Verizon Communications Inc. (NYSE:VZ) offer high-speed internet to multi-dwelling units (MDUs) and urban communities as it will be able to utilize Starry’s advanced millimeter wave technology and market pre ...

Tillman Global Holdings’ Eaton Fiber to Deliver High-Speed Fiber Service to Homes Outside of Current Fios MarketsBASKING RIDGE, N.J., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Tillman Global Holdings (“Tillman”), today announced a commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman, marking another step to accelerate Verizon’s broadband and mobility convergence strategy. The agreement will expand Verizon’s premium broadband offering, complement ...

Group 1: Economic Indicators and Federal Reserve Actions - The upcoming week is crucial for investors as the Federal Reserve will announce its latest interest rate decision, with a high probability of a 25 basis point cut, bringing the target range from 4.00%-4.25% down to 3.75%-4.00% [1][3] - The U.S. September CPI data showed a year-on-year increase of 3.0%, below the expected 3.1%, and a month-on-month increase of 0.3%, also below the expected 0.4% [1][3] - Core CPI, excluding food and energy, rose 3.0% year-on-year and 0.2% month-on-month, indicating the slowest growth in three months [1][3] Group 2: Corporate Earnings Reports - Major technology companies, including Microsoft, Amazon, Apple, Alphabet, and Meta, are set to release their earnings this week, with a focus on their performance amid high expectations driven by the AI trend [2] - Four of the world's largest energy companies—ExxonMobil, Chevron, Shell, and TotalEnergies—will also report their earnings this week, alongside companies like UnitedHealth and Verizon [2] Group 3: Political and Trade Developments - The U.S. government shutdown is impacting the labor market, with federal employees missing their first paycheck, marking the second-longest shutdown in U.S. history [4] - A bilateral meeting between the U.S. and Chinese leaders is scheduled during the APEC summit, aimed at addressing ongoing trade tensions, although significant agreements are not expected immediately [5] - The U.S. Treasury has blacklisted Russian oil companies Rosneft and Lukoil, which together account for nearly half of Russia's crude oil exports, potentially affecting global oil prices [6]