Core Insights - Verizon Communications reported third-quarter adjusted earnings of $1.21 per share, exceeding Wall Street expectations of $1.19, while revenue reached $33.8 billion, slightly below the forecast of $34.26 billion [2][4] - The company added 44,000 wireless postpaid phone subscribers, although its consumer business lost 7,000 subscribers, contrasting with estimates for a gain of 19,000 [3][4] - Verizon announced a dividend increase and reiterated its guidance for 2025, despite facing intensified competition in the wireless market [1][4] Financial Performance - Adjusted earnings for the third quarter were $1.21 per share, up two cents from the previous year, while revenue increased by 1.5% to $33.8 billion [2] - Earnings before interest, taxes, depreciation, and amortization (EBITDA) were reported at $11.23 billion, falling short of the estimated $12.73 billion [4] Subscriber Metrics - Verizon's consumer business experienced a loss of 7,000 subscribers, while the overall addition of 44,000 postpaid phone subscribers was better than expected [3] - The company successfully added 261,000 wireless 5G broadband customers, bringing the total to 5.4 million by the end of September [3] Leadership Changes - Verizon appointed Dan Schulman as the new CEO, replacing Hans Vestberg, with a commitment to transform the company's culture and financial profile [6] Market Position - Verizon's stock rose by 3.3% to $40.61 following the earnings report, although it had previously declined by 2% in 2025 [8] - The stock holds a Composite Rating of 25 out of 99, indicating a relatively low growth potential compared to top-performing stocks [8][9]