Verizon Communications raised its 2026 financial outlook after reporting stronger profitability, improving subscriber trends, and higher cash generation. The company reported second-quarter adjusted EPS growth, record adjusted EBITDA, and higher free cash flow, supported by stronger postpaid phone additions and broadband growth. Based on this performance, Verizon raised its outlook for adjusted EPS, free cash flow, and mobility and broadband service revenues for 2026. Management also expanded its share repurchase plans, signaling confidence in future cash flows. The updated outlook reflects improving execution across its wireless and broadband businesses, though competitive pricing, ongoing leverage, and the capital required to sustain network leadership remain key considerations.
Verizon Communications IncRaised 2026 outlook on stronger profitability, subscriber trends, and expanded buyback.
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