Overview

* Verizon Q3 2025 adjusted EPS beats analyst expectations

* Total operating revenue in Q3 2025 rose 1.5% yr/yr to $33.8 bln

* Wireless service revenue grew 2.1% yr/yr to $21.0 bln in Q3 2025

Outlook

* Verizon expects 2025 wireless service revenue growth of 2.0% to 2.8%

* Company forecasts 2025 adjusted EBITDA growth of 2.5% to 3.5%

* Verizon anticipates 2025 cash flow from operations of $37.0 bln to $39.0 bln

Result Drivers

* WIRELESS SERVICE REVENUE - Verizon's wireless service revenue increased by 2.1% year-over-year to $21.0 bln, driven by consumer segment improvements

* BROADBAND GROWTH - Verizon added 306,000 broadband net additions in Q3 2025, contributing to a 11.1% year-over-year increase in total broadband connections

* CONSUMER SEGMENT - Consumer wireless service revenue rose 2.4% year-over-year to $17.4 bln, with improvements in segment EBITDA

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $1.21 $1.18

Adjusted (18

EPS Analysts

)

Q3 EPS $1.17

Q3 Net $5.10

Income bln

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the integrated telecommunications services peer group is "buy."

* Wall Street's median 12-month price target for Verizon Communications Inc ( VZ ) is $47.75, about 17.7% above its October 28 closing price of $39.32

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)