Verizon Raises FY26 EPS View to $4.99-$5.04 After Q2 Beats
Updated
Updated · Yahoo Finance · Aug 15
Verizon Raises FY26 EPS View to $4.99-$5.04 After Q2 Beats
2 articles · Updated · Yahoo Finance · Aug 15
Summary
Verizon lifted FY26 adjusted EPS guidance to $4.99-$5.04 after Q2 adjusted EPS came in at $1.30, above the $1.27 consensus.
Free cash flow rose 27.1% to $6.43 billion, reinforcing the cash-generation case behind the higher outlook and the company’s dividend profile.
The stock traded at $48.22 and was up 24.34% year to date; Verizon also pays a $0.7075 quarterly dividend, or $2.83 annualized.
Debt remains a constraint: total unsecured debt stood at $136.5 billion and net leverage rose to 2.5x from 2.2x at the end of 2025, with deleveraging toward 2.0-2.25x pushed to 2027.
The Frontier deal, closed in January, is already helping accelerate fiber build as Verizon extends a dividend streak that management says has reached 20 consecutive annual increases.