Verizon Communications (VZ) said, for fiscal 2026, the company now expects adjusted EPS of $4.95 to $4.99, or year-over-year growth of 5.0 to 6.0 percent. Previously, the company expected adjusted EPS of $4.90 to $4.95. Total retail postpaid phone net additions are now expected to be in the top half of the 750,000 to 1.0 million range, which is approximately 2 to 3 times the 2025 reported result. Verizon continues to expect: total mobility and broadband service revenue growth of 2.0 percent to 3.0 percent, equating to approximately $93 billion; and wireless service revenue growth of approximately flat.
First quarter consolidated net income was $5.1 billion, a 3.3 percent increase year-over-year. EPS was $1.20, a growth of 4.3 percent. Consolidated adjusted EBITDA grew 6.7 percent to $13.4 billion. Adjusted EPS was $1.28, a 7.6 percent increase from last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.