Jan. 30 at 8:56 PM
Verizon shares jumped after the company reported better-than-expected fourth-quarter earnings and strong subscriber growth. Adjusted earnings came in at
$1.09 a share on revenue of
$36.4 billion, beating Wall Street estimates. The carrier added 616,000 postpaid phone subscribers, far above expectations, with churn holding at 1.3%.
Subscriber momentum extended beyond wireless, with solid gains in broadband, fixed wireless, and Fios internet, which saw its strongest net adds in five years. Looking ahead, Verizon expects flat wireless service revenue growth in 2026 but forecast adjusted earnings of
$4.90 to
$4.95 a share, well above consensus.
Investor confidence was further boosted by a newly authorized
$25 billion share repurchase program and management’s focus on efficiency under new CEO Dan Schulman. Despite ongoing competition, macro uncertainty, and a large debt load, the outlook for Verizon and the broader wireless sector appears to be improving in 2026.
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