Verizon Communications stock heads into the open after a 0.8 percent gain
π Verizon stock finished the previous session at USD 50.15, up 0.8 percent with volume near recent averages.
π° The company reported quarterly EPS of USD 1.30, beating the consensus estimate of USD 1.27.
π Revenue totaled USD 34.25 billion, missing the USD 35.16 billion forecast and dropping 0.7 percent year over year.
π― Management reaffirmed fiscal 2026 earnings guidance ranging from USD 4.99 to USD 5.04 per share.
π Analysts maintain a consensus Hold rating with an average price target of USD 50.97.
π¦ Insider shares were sold under a pre-arranged trading plan, indicating activity near the current valuation.
π The stock trades near its 12-month high of USD 51.68 but remains below that peak level.
βοΈ No specific company events are scheduled for September 7, 2026, leaving the stock exposed to macroeconomic factors.
- Verizon reported quarterly earnings per share of USD 1.30, exceeding the consensus estimate of USD 1.27.
- Management maintained its fiscal 2026 earnings guidance between USD 4.99 and USD 5.04 per share.
- Revenue declined 0.7 percent year over year to USD 34.25 billion, missing the analyst forecast of USD 35.16 billion.
- The stock is trading below its 12-month high of USD 51.68, with a gap of USD 1.53 remaining.