Verizon stock rises 2.08 percent as Q2 EPS beats consensus

Verizon Communications stock was trading at USD 47.49 on the NYSE on September 24, 2026, up 2.08 percent during the session and 8.10 percent below its 52-week high of USD 51.68. The move follows a second-quarter earnings profile in which adjusted EPS beat consensus while revenue declined year over year.

EPS beat masks revenue pressure

Verizon reported adjusted EPS of USD 1.30 for Q2 2026, above the USD 1.27 consensus estimate, according to MarketBeat. The 2.36 percent premium to consensus contrasts with total revenue of USD 34.25 billion, which was USD 0.91 billion below the USD 35.16 billion estimate.

The revenue result was also 0.7 percent below the prior-year quarter. That split matters because the earnings beat came alongside a top-line shortfall, leaving service growth and cost control as the more important operating signals for the second half of 2026.

Service growth guides the second half

Verizon's mobility and broadband service revenue grew 2.8 percent in Q2 2026, improving by 120 basis points sequentially, while management expects growth to approach 3 percent in Q3 and reach 4 percent in Q4, as reported by MarketBeat. Full-year adjusted EPS growth guidance was raised to 6 percent to 7 percent, while free cash flow growth guidance was set at 9 percent to 10 percent.

The company held its Q2 2026 earnings call on July 24, 2026, and lists the New York Stock Exchange and Nasdaq Global Select Market as its trading venues under ticker VZ, according to Verizon. For investors, the key test is whether service revenue can accelerate while equipment revenue remains a drag on total sales.

Stock remains below yearly high

Verizon Communications stock was trading at USD 47.49 on September 24, 2026, with a 52-week range of USD 38.39 to USD 51.68. The USD 4.19 gap to the yearly high places the shares 8.10 percent below that level, while the intraday gain of 2.08 percent gives the market a positive immediate reaction to the broader earnings and guidance picture.