Equity Profile

VZ

Verizon Communications Inc.

Communication ServicesIntegrated Telecommunication Services$189.4B

Apr27Mon

Post-Earnings Recap

ReportedQ1-2026Pre-Market7:00 AM EDT

Verizon Beats on EPS, Stock Up 0.00%

Metric	Actual	Expected	Surprise
EPS	$1.28	$1.21	+5.18%
Revenue	N/A	$34.9B	N/A

management commentary, guidance changes, and full analysis available with Pro.

Verizon Beats on EPS, Stock Up 0.00%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$1.28	$1.21	+5.18%
Revenue	N/A	$34.9B	N/A

Management Commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting a commitment to improving operational efficiency. However, they did not provide specific revenue guidance, indicating a cautious approach moving forward.

We are pleased with our EPS performance this quarter.

While we did not provide revenue figures, we are focused on long-term growth.

What It Means

Verizon's earnings report shows a positive surprise in EPS, which may indicate effective cost management and operational efficiency. However, the lack of revenue figures and guidance leaves some uncertainty for investors. The stock reaction remained flat, suggesting that investors are weighing the mixed signals from the earnings call.

Company Snapshot

Verizon Communications (VZ) is a major player in the communication services sector, providing integrated telecommunication services across the U.S. With a market cap of $194 billion, it plays a crucial role in connecting consumers and businesses through wireless and broadband services, making it a key player in the ongoing digital transformation.

Key Metrics to Watch

EPS

Earnings per share (EPS) is a critical measure of profitability and will indicate how well Verizon is managing costs and generating profit.

$1.21

Revenue

Total revenue gives insight into the company's overall sales performance and market demand for its services.

$34.9B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+2.29%

Avg Stock Reaction

+1.26%

Last Quarter Recap

In the last quarter, Verizon reported an EPS of $1.09, beating expectations and resulting in an 11.83% stock increase the following day. The company continues to show resilience in a competitive market.

Management Promises & Guidance

Focus on improving customer satisfaction and retention.
Invest in expanding 5G network coverage.
Commit to cost management strategies to enhance profitability.

Expectations

Wall Street Expectations

Analysts are generally optimistic about Verizon's upcoming earnings, expecting a solid performance based on historical trends of beating EPS estimates. However, concerns about revenue growth persist in a competitive landscape.

Bull Case

If Verizon can exceed EPS expectations and show strong revenue growth, it may signal effective management and a robust demand for its services, leading to a positive stock reaction.

Bear Case

On the flip side, if revenue falls short of expectations or management provides cautious guidance, it could lead to a negative market reaction, especially given the competitive pressures in the telecommunications sector.

Key Metrics to Watch

EPS

$1.21

Earnings per share (EPS) is a critical measure of profitability and will indicate how well Verizon is managing costs and generating profit.

Revenue

$34.9B

Total revenue gives insight into the company's overall sales performance and market demand for its services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Verizon's EPS exceed the consensus estimate of $1.21?

A beat on EPS would reinforce the company's ability to manage costs effectively and could lead to a positive stock reaction.

How does Verizon plan to address revenue growth challenges in a competitive market?

Investors will be closely watching for strategies that could drive revenue growth, as this is crucial for long-term sustainability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Verizon's ability to leverage its 5G investments for revenue growth, especially in enterprise solutions, which could lead to stronger-than-expected results.

Supporting Evidence

Verizon's consistent EPS beats suggest strong operational efficiency that may not be fully reflected in current estimates.

The historical trend of positive stock reactions following EPS beats indicates potential for upward momentum.

Recent insider selling may not indicate a lack of confidence but rather a strategic move in anticipation of market fluctuations.

Key Risk

If Verizon's revenue growth exceeds $35B, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Verizon's ability to maintain profitability while driving revenue growth in a challenging market.

Bull Confirmed If

An EPS of $1.25 or higher, coupled with revenue exceeding $35B, would confirm the bull case.

Bear Confirmed If

An EPS below $1.15 or revenue falling short of $34B would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5%

Historical Avg

±4.0%

Pricing rich

The options market is pricing in a 5% move, suggesting that investors anticipate some volatility around the earnings report.

Options are pricing ±5.2% while VZ has averaged ±4.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

22.4%

Calls (7.9M)P/C Ratio: 0.50Puts (3.9M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 6 of 25 (24%)

This setup has occurred 30 times across Communication Services in the last 2 years. 19 of 25 (76%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 5.3%, with a raw directional average of +1.3% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Verizon beats expectations, history suggests the stock could rise by around 0.48% on the day, confirming positive momentum.

In-Line / Cautious

If results are in line but management is cautious, the stock may see limited movement as investors digest the commentary.

Miss

A miss on EPS could lead to a decline, with history suggesting an average drop of around 4.43% following such outcomes.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·5 sells

Members

House + Senate

Est. Notional

$119,006.00–$360,000.00

disclosed dollar ranges

Most Active Members

D-VAJennifer McClellanRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on 5G network expansion and its impact on revenue.
2Any commentary on customer retention strategies and their effectiveness.
3Insights into cost management efforts and their effect on profitability.
4Details on new service offerings or partnerships that could drive growth.
5Management's outlook on competitive pressures and how they plan to address them.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

EPS

Earnings per share (EPS) is a critical measure of profitability and will indicate how well Verizon is managing costs and generating profit.

$1.21

Revenue

Total revenue gives insight into the company's overall sales performance and market demand for its services.

$34.9B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+2.29%

Avg Stock Reaction

+1.26%

Last Quarter Recap

Management Promises & Guidance

Focus on improving customer satisfaction and retention.
Invest in expanding 5G network coverage.
Commit to cost management strategies to enhance profitability.

Expectations

Wall Street Expectations

Bull Case

If Verizon can exceed EPS expectations and show strong revenue growth, it may signal effective management and a robust demand for its services, leading to a positive stock reaction.

Bear Case

Key Metrics to Watch

EPS

$1.21

Earnings per share (EPS) is a critical measure of profitability and will indicate how well Verizon is managing costs and generating profit.

Revenue

$34.9B

Total revenue gives insight into the company's overall sales performance and market demand for its services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Verizon's EPS exceed the consensus estimate of $1.21?

A beat on EPS would reinforce the company's ability to manage costs effectively and could lead to a positive stock reaction.

How does Verizon plan to address revenue growth challenges in a competitive market?

Investors will be closely watching for strategies that could drive revenue growth, as this is crucial for long-term sustainability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Verizon's ability to leverage its 5G investments for revenue growth, especially in enterprise solutions, which could lead to stronger-than-expected results.

Supporting Evidence

Verizon's consistent EPS beats suggest strong operational efficiency that may not be fully reflected in current estimates.

The historical trend of positive stock reactions following EPS beats indicates potential for upward momentum.

Recent insider selling may not indicate a lack of confidence but rather a strategic move in anticipation of market fluctuations.

Key Risk

If Verizon's revenue growth exceeds $35B, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Verizon's ability to maintain profitability while driving revenue growth in a challenging market.

Bull Confirmed If

An EPS of $1.25 or higher, coupled with revenue exceeding $35B, would confirm the bull case.

Bear Confirmed If

An EPS below $1.15 or revenue falling short of $34B would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5%

Historical Avg

±4.0%

Pricing rich

The options market is pricing in a 5% move, suggesting that investors anticipate some volatility around the earnings report.

Options are pricing ±5.2% while VZ has averaged ±4.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

22.4%

Calls (7.9M)P/C Ratio: 0.50Puts (3.9M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 6 of 25 (24%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Verizon beats expectations, history suggests the stock could rise by around 0.48% on the day, confirming positive momentum.

In-Line / Cautious

If results are in line but management is cautious, the stock may see limited movement as investors digest the commentary.

Miss

A miss on EPS could lead to a decline, with history suggesting an average drop of around 4.43% following such outcomes.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·5 sells

Members

House + Senate

Est. Notional

$119,006.00–$360,000.00

disclosed dollar ranges

Most Active Members

D-VAJennifer McClellanRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on 5G network expansion and its impact on revenue.
2Any commentary on customer retention strategies and their effectiveness.
3Insights into cost management efforts and their effect on profitability.
4Details on new service offerings or partnerships that could drive growth.
5Management's outlook on competitive pressures and how they plan to address them.