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Earnings documents stored for VZ.
Investor releaseQuarter not tagged2026-07-09Will Verizon (VZ) Beat Estimates Again in Its Next Earnings Report?
Zacks
Will Verizon (VZ) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Verizon Communications (VZ), which belongs to the Zacks Wireless National industry. This largest U.S. cellphone carrier has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.87%. For the most recent quarter, Verizon was expected to post earnings of $1.22 per share, but it reported $1.28 per share instead, representing a surprise of 4.92%. For the previous quarter, the consensus estimate was $1.06 per share, while it actually produced $1.09 per share, a surprise of 2.83%. For Verizon, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Verizon has an Earnings ESP of +2.75% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 24, 2026. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, but that may not be the sol...
Investor releaseQuarter not tagged2026-07-07Q1 Earnings Highs And Lows: Verizon (NYSE:VZ) Vs The Rest Of The Consumer Discretionary - Wireless, Cable and Satellite Stocks
StockStory
Q1 Earnings Highs And Lows: Verizon (NYSE:VZ) Vs The Rest Of The Consumer Discretionary - Wireless, Cable and Satellite Stocks
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Verizon (NYSE:VZ) and the rest of the consumer discretionary - wireless, cable and satellite stocks fared in Q1. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Wireless, cable, and satellite companies provide pay-TV, broadband internet, and mobile connectivity through large fixed-infrastructure networks. Tailwinds include growing bandwidth consumption, bundling opportunities across video, internet, and wireless services, and rural broadband subsidies from government programs. However, headwinds are pronounced: cord-cutting continues to erode traditional video subscriber bases, capital expenditure requirements for network upgrades (such as fiber overbuilds and 5G rollouts) are substantial, and aggressive promotional pricing among competitors compresses margins. Regulatory oversight on pricing and net neutrality adds uncertainty, while streaming platforms increasingly bypass traditional distributors, reducing the value of the legacy pay-TV bundle. The 7 consumer discretionary - wireless, cable and satellite stocks we track reported a mixed Q1. As a group, revenues were in line with analysts’ consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 19.7% since the latest earnings results. Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $34.44 billion, up 2.9% year on year. This print fell short of analysts’ expectations by 1.5%. Overall, it was a mixed quarter for the company with a beat of analysts’ EPS estimates. The market seems disappointed with...
Investor releaseQuarter not tagged2026-07-02What to Expect From Verizon Communications' Next Quarterly Earnings Report
Barchart
What to Expect From Verizon Communications' Next Quarterly Earnings Report
New York-based Verizon Communications Inc. (VZ) provides communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. Valued at a market cap of $175.3 billion, the company operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). VZ is expected to release its Q2 2026 earnings on Friday, July 24, before the market opens. Ahead of the event, analysts expect the company’s EPS to be $1.27 on a diluted basis, up 4.1% from $1.22 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters. CEO Phong Le Bought 11,000 Shares of MicroStrategy Preferred Stock as STRC Hit All-Time Lows S&P Futures Slip With Focus on U.S. ADP Jobs Report and Warsh’s Remarks Analysts at UBS Say Advanced Micro Devices Stock Could Rally to $670 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2026, analysts project the company’s EPS to be $4.98, up 5.7% from $4.71 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 5.4% year over year (YoY) to $5.25 in fiscal 2027. VZ’s stock has tanked 3.3% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 20.7% rise and the State Street Real Estate Select Sector SPDR ETF’s (XLC) 2.3% return during the same time frame. On Apr. 27, VZ stock rose 1.6% following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $34.4 billion and missed the Street’s forecasts. Moreover, its adjusted EPS came in at $1.28, successfully beating Wall Street’s estimates. Analysts are somewhat bullish on VZ, with the stock having a “Moderate Buy” rating overall. Among the 30 analysts covering the stock, nine are recommending a “Strong Buy,” two suggest a “Moderate Buy,” and 19 suggest a “Hold.” VZ’s average analyst price target is $51.86, indicating an upside of 23.5% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Investor releaseQuarter not tagged2026-06-29S&P 500, Nasdaq End Higher To Record Best Quarter Since 2020, While Alphabet Debut Drives Dow — VZ, CMCSA, RKLB, SMCI, BATL, GOOGL In Focus
Stocktwits
S&P 500, Nasdaq End Higher To Record Best Quarter Since 2020, While Alphabet Debut Drives Dow — VZ, CMCSA, RKLB, SMCI, BATL, GOOGL In Focus
The S&P 500 rose 1.2% and the Nasdaq 100 jumped 2.3%, while the Dow Jones added 0.6%. S&P 500 and Nasdaq end best quarter since 2020. Comcast Corp. plans to spin off NBCUniversal and Sky. U.S. stock indices ended higher on Monday with the S&P 500 and Nasdaq recording their best quarter since 2020 amid a rebound in tech stocks, while the Dow hit record highs after Alphabet made its debut in the index. The S&P 500 rose 1.2%, the Nasdaq 100 gained 2.3% and the Dow Jones rose 0.6%. The Russell 2000, which tracks stocks with small market capitalizations, slipped 0.3%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) rose 1.6% and Invesco QQQ Trust (QQQ) ended Monday around 2.3% higher, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) ended 0.8% higher. Meanwhile, the VanEck Semiconductor ETF (SMH) jumped 3%. Retail sentiment on Stocktwits for SPY and DIA was ‘bearish,’ while sentiment for QQQ was ‘bullish,’ with ‘normal’ to ‘high’ message volumes. The S&P 500 and the Nasdaq ended the June quarter higher by 14% and 25%, respectively, their best quarterly performance since 2020, primarily driven by strong earnings and overall AI-related performance. “As the week begins, remember it marks the end of the quarter and the first half,” JJ Kinahan at Cboe Global Markets told Bloomberg in an interview. “That means we’re likely to see waves of volatility as institutional fund managers rebalance their portfolios. Expect some instability, but don’t overthink it.” An agreement between the U.S. and Iran to pause hostilities and allow the free movement of commercial cargo through the Strait of Hormuz also helped stocks gain ground. “Technical talks are slated to continue on all areas of the MOU,” a U.S. official told CNBC on Sunday. “Both sides will stand down for now, and vessels can move freely.” Following retaliatory U.S. strikes on Iranian military installations over the weekend—due to Iranian activity in the Strait of Hormuz—President Donald Trump issued a warning of total destruction against Iran. On Truth Social, the President posted: "United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!" U.S. West Texas Intermediate f...
Investor releaseQuarter not tagged2026-06-26Verizon to report earnings July 24, 2026
GlobeNewswire
Verizon to report earnings July 24, 2026
NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report second-quarter 2026 earnings on Friday, July 24, 2026. The company will present results on a webcast beginning at 8:30 a.m. ET. Access instructions and second-quarter 2026 materials, including Verizon’s press release and financial tables, will be available at 7:00 a.m. ET on Verizon’s Investor Relations website, https://www.verizon.com/about/investors. This announcement was originally published by Verizon. Read the original press release. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contact: Jamie Serino [email protected]
Investor releaseQuarter not tagged2026-06-24S&P 500, Nasdaq Close Lower On Tech Weakness But Recover After-Hours On Strong Micron Earnings — MU, AVGO, GOOGL In Focus
Stocktwits
S&P 500, Nasdaq Close Lower On Tech Weakness But Recover After-Hours On Strong Micron Earnings — MU, AVGO, GOOGL In Focus
The S&P 500 and the Nasdaq 100 fell 0.1% and 0.4%, respectively, while the Dow Jones added 0.4%. Alphabet to replace Verizon in the Dow. Micron’s strong Q3 earnings pushed benchmark indices higher in after-hours trading. The S&P 500 and Nasdaq dropped on Wednesday for the third consecutive session amid rising investor concerns about the longevity of the AI boom ahead of Micron earnings due after-hours. The S&P 500 fell 0.1%, the Nasdaq lost 0.4% and the Dow Jones rose 0.4%. The Russell 2000, which tracks stocks with small market capitalizations, added 0.4%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) lost 0.1% and Invesco QQQ Trust (QQQ) ended Wednesday around 0.4% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) ended 0.4% higher. Meanwhile, the VanEck Semiconductor ETF (SMH) fell 0.5%. However, all three indices and the ETFs tracking them were seen gaining after hours following strong Q3 results from Micron, which alleviated concerns that surging AI demand may have gotten ahead of itself. Retail sentiment on Stocktwits for SPY was ‘bearish,’ while sentiment for QQQ and DIA was ‘bullish,’ with ‘normal’ to ‘high’ message volumes. Micron Technologies (MU) share price soared 11% after-hours on Wednesday after the company broke past Q3 earnings and revenue estimates by a wide margin and furnished a strong outlook for the upcoming quarter amid soaring demand for memory chips amid AI-fueled shortages. “When stocks rise too much and too fast, a pullback almost always ensues,” Rick Gardner at RGA Investments told Bloomberg in an interview. “We would much rather be buying tech stocks on days when they are down, and the pullback can present an opportunity for investors who do not have adequate exposure to this space, which is still fundamentally strong.” The strong results pushed the nearly $500 billion exchange-traded fund tracking the Nasdaq 100 up by 1.5% in after-hours trading, while the Dow and the ETF tracking the index both have consistently gained this week, owing to lower oil prices. Meanwhile, JPMorgan hiked its S&P 500 target for 2026 to 7,800 from 7,200, implying an upside potential of more than 5% from current levels. According to a CNBC report citing a note from the firm, JPMorgan strat...
Investor releaseQuarter not tagged2026-06-17Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
GlobeNewswire
Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the expiration and final results, as of 5:00 p.m. (New York City time) on June 16, 2026 (the “Expiration Date”), which was also the Any and All Notes Extended Early Participation Date (as defined in Verizon’s press releases relating to the Tender Offers and Consent Solicitations dated June 2, 2026 (collectively, the “June 2026 Press Release”) of its previously announced 11 separate offers, on behalf of certain of its wholly-owned subsidiaries, to purchase for cash any and all of the debt securities listed in Table 1 below (the “Any and All Notes” and such offers, the “Any and All Tender Offers”) as well as solicit consents (the “Consent Solicitations”) to the proposed amendments to the indentures governing the Any and All Notes issued by such subsidiaries (with respect to each series of Any and All Notes, the “Proposed Amendments”) in order to, among other things, eliminate certain of the restrictive covenants and other provisions contained therein on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated May 11, 2026 (the “Offer to Purchase and Consent Solicitation Statement” and, together with the accompanying letter of transmittal, the “Offer Documents”), as amended by the June 2026 Press Release. As previously announced, Verizon accepted for purchase all of the Waterfall Notes (as defined in the June 2026 Press Release) (together with the Any and All Notes, the “Notes”) validly tendered at or prior to the Waterfall Notes Early Participation Date (as defined in the June 2026 Press Release) in connection with its 9 separate Waterfall Tender Offers (as defined in the June 2026 Press Release) (together with the Any and All Tender Offers, the “Tender Offers”) on behalf of itself and certain of its wholly-owned subsidiaries in accordance with the Acceptance Priority Procedures (as defined in the June 2026 Press Release) described in the Offer to Purchase and Consent Solicitation Statement, as amended. Because the aggregate purchase price to be paid for the Waterfall Notes validly tendered at or prior to the Waterfall Notes Early Participation Date was equal to the increased Waterfall Cap, no additional Waterfall Notes tendered after the Waterfall Notes Early Participation Date were a...
Investor releaseQuarter not tagged2026-06-17Stocks Mixed Ahead of FOMC Meeting Results
Barchart
Stocks Mixed Ahead of FOMC Meeting Results
The S&P 500 Index ($SPX) (SPY) today is down -0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.30%. June E-mini S&P futures (ESM26) are down -0.17%, and June E-mini Nasdaq futures (NQM26) are up +0.24%. Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. Strength in chipmakers is leading the overall market higher. Stocks also garnered support on better-than-expected US economic reports on US May retail sales, a sign of resilient consumer demand, and May pending home sales. Weakness in telecommunication and trucking stocks is limiting gains in the overall market. Rocket Lab vs. Redwire: 1 Stock Has the Stronger Growth Story for the Next Decade Dear SpaceX Stock Fans, Mark Your Calendars for June 16 Dear Western Digital Stock Fans, Mark Your Calendars for June 22 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Stocks also have carryover support from Monday after the US and Iran agreed to end their war and reopen the Strait of Hormuz, knocking crude oil prices down to a 3.5-month low and stoking risk-on sentiment in asset markets. The market’s focus will be on the conclusion of today’s 2-day FOMC meeting, the first under the leadership of new Fed Chair Kevin Warsh. While the Fed is expected to keep interest rates unchanged, the spotlight will be on how Mr. Warsh navigates the post-meeting press conference and the outlook for inflation. US MBA mortgage applications fell -3.8% in the week ended June 12, with the purchase mortgage sub-index down -3.4% and the refinancing mortgage sub-index down -4.5%. The average 30-year fixed rate mortgage was unchanged from last week at 6.60%. US May retail sales rose +0.9% m/m, stronger than expectations of +0.6% m/m. Also, May retail sales ex-autos rose +0.8% m/m, stronger than expectations of +0.6% m/m. US May pending home sales rose +3.8% m/m, stronger than expectations of +0.9% m/m and the biggest increase in 20 months. WTI crude oil prices (CLN26) recovered from a 3.5-month low today and are moving higher as prices consolidate following this week’s plunge. The eventual resumption of vessel traffic through the Strait of Hormuz could lead to the release of more than 100 laden ships ca...
Investor releaseQuarter not tagged2026-06-17Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes
GlobeNewswire
Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the expiration and final results, as of 5:00 p.m. (New York City time) on June 16, 2026 (the “Expiration Date”), which was also the Extended Early Participation Date (as defined in Verizon’s press release relating to the Exchange Offers and Consent Solicitations dated June 2, 2026 (the “Early Results Press Release”), of its previously announced (i) offers to exchange (the “Exchange Offers”), on behalf of certain of its wholly-owned subsidiaries, any and all of the outstanding series of debt securities listed below (the “Old Notes”) for specified series of newly issued notes of Verizon (collectively, the “New Notes”) and (ii) solicitations of consents (the “Consent Solicitations”), on behalf of such subsidiaries, to the proposed amendments to the indentures governing the Old Notes (with respect to each series of Old Notes, the “Proposed Amendments”) in order to, among other things, eliminate certain of the restrictive covenants and other provisions contained therein, each on the terms and subject to the conditions set forth in the Exchange Offer and Consent Solicitation Statement dated May 11, 2026 (the “Exchange Offer and Consent Solicitation Statement” and, together with the accompanying letter of transmittal (the “Letter of Transmittal”) and eligibility letter, the “Exchange Offer Documents”), as amended by the Early Results Press Release. Verizon today also announced the final results of its separate, previously announced cash tender offers, for its own account and on behalf of certain of its wholly-owned subsidiaries, to purchase 20 series of outstanding notes, including the Old Notes, and consent solicitations for the Old Notes (the “Separate Consent Solicitations”), on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated May 11, 2026, as amended by Verizon’s press releases relating to the tender offers and Separate Consent Solicitations dated June 2, 2026. Consents delivered for a series of Old Notes in connection with the Exchange Offers were cumulated with the consents delivered for such series in connection with the Separate Consent Solicitations. The cash tender offers are separate and distinct from the Exchange Offers, and neither the Exchange Offers nor the separate c...
Investor releaseQuarter not tagged2026-06-05Verizon (VZ): Buy, Sell, or Hold Post Q1 Earnings?
StockStory
Verizon (VZ): Buy, Sell, or Hold Post Q1 Earnings?
Verizon trades at $44.98 and has moved in lockstep with the market. Its shares have returned 7.9% over the last six months while the S&P 500 has gained 10%. Is there a buying opportunity in Verizon, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. We’re swiping left on Verizon for now. Here are three reasons why there are better opportunities than VZ, plus one stock we’d rather own. A company’s long-term sales performance is one signal of its overall quality. Any business can have short-term success, but a top-tier one grows for years. Over the last five years, Verizon grew its sales at a weak 1.4% compounded annual growth rate. This fell short of our benchmarks. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. Verizon has shown poor cash profitability relative to peers over the last two years, giving the company fewer opportunities to return capital to shareholders. Its free cash flow margin averaged 14.9%, below what we’d expect for a consumer discretionary business. ROIC, or return on invested capital, is a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). We like to invest in businesses with high returns, but the trend in a company’s ROIC is what often surprises the market and moves the stock price. Unfortunately, Verizon’s ROIC averaged 1.8 percentage point decreases each year over the last few years. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. We cheer for all companies serving everyday consumers, but in the case of Verizon, we’ll be cheering from the sidelines. That said, the stock currently trades at $44.98 per share (or a forward price-to-sales ratio of 1.4×). The market typically values companies like Verizon based on their anticipated profits for the next 12 months, but there aren’t enough published estimates to arrive at a reliable number. You should avoid this stock for now - better opportunities lie elsewhere. We’d recommend looking at one of our top digital advertising picks. ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is final...
Investor releaseQuarter not tagged2026-06-04Verizon declares quarterly dividend on June 4, 2026
GlobeNewswire
Verizon declares quarterly dividend on June 4, 2026
NEW YORK, June 04, 2026 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 70.75 cents per outstanding share, consistent with the prior quarter's dividend rate. The quarterly dividend is payable on August 3, 2026 to Verizon shareholders of record at the close of business on July 10, 2026. "Verizon’s commitment to the dividend remains ironclad and is a direct reflection of our focus on long-term shareholder value,” said Dan Schulman, CEO of Verizon. “Through our ongoing transformation, we continue to prioritize building trust, delighting our customers, and staying disciplined with our capital allocation strategy. Twenty consecutive years of dividend increases is a track record we're extremely proud of and one that reflects the cash-generating nature of our business.” Verizon has approximately 4.2 billion shares of common stock outstanding. The company made approximately $11.5 billion in cash dividend payments in 2025. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contact: Jamie [email protected](201) 401-5460
Investor releaseQuarter not tagged2026-06-04Verizon Communications (VZ) Announced Results for Annual 2026 Shareholder Meeting
Insider Monkey
Verizon Communications (VZ) Announced Results for Annual 2026 Shareholder Meeting
Verizon Communications Inc. (NYSE:VZ) is one of the Best Low Cost Stocks to Buy According to Hedge Funds. On May 21, Verizon Communications Inc. (NYSE:VZ) announced results from the annual 2026 shareholder meeting, which was held in a virtual format. The company reported that during the meeting, shareholders elected all nine director nominees for a tenure of 1 year. Moreover, three management proposals were also approved, including endorsing executive compensation packages, approving the company’s 2026 long-term incentive plan, and ratifying Ernst & Young as Verizon’s independent auditor. In addition, two shareholder-led proposals were also put to a vote but were rejected. The first proposal called for a report on the board’s oversight of climate-related issues, while the second sought to establish a mandatory policy requiring an independent board chairperson. Verizon Communications Inc. (NYSE:VZ) raised its full-year profit forecast after a surprisingly strong first quarter. During the quarter, the company added 55,000 monthly bill-paying wireless subscribers. This was remarkable as it marked the first net gain for a March quarter in over a decade, and analysts were expecting a loss of more than 81,000 subscribers, making the result a significant beat. According to a Reuters report, the turnaround was driven by aggressive bundled offers and deals that targeted customers of rivals like AT&T and T-Mobile. The company now expects full-year adjusted profit between $4.95 and $4.99 per share, up from its prior range. The company also anticipates postpaid phone net additions to land in the upper half of its 750,000 to one million forecast. Verizon Communications Inc. (NYSE:VZ) provides communications, information, and entertainment services and products. While we acknowledge the potential of VZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years. Disclosure: None. Follow Insider Monkey on Google News.

