Overview

• Verizon reported adjusted earnings per share (EPS) of $1.19 and revenues of $33.49 billion, surpassing analyst expectations of $1.15 EPS and $33.33 billion in revenue.
• The company experienced retail postpaid phone net losses of 289,000 subscribers, exceeding the 218,000 losses analysts had forecasted.
• Verizon’s stock fell 4.26% in premarket trading as higher-than-expected subscriber churn overshadowed its earnings beat.
• The company reaffirmed its full-year 2025 guidance, projecting EPS of $4.59–$4.73, wireless revenue growth of 2.0–2.8%, and free cash flow of $17.5–$18.5 billion.
• Inflation-driven consumer caution and competitive market pressures are contributing to subscriber losses, even as Verizon focuses on 5G investments and operational efficiency.