| VZ |
Report |
Adjusted EPS |
BEAT |
pred ~$1.30 vs. cons $1.28 |
MEDIUM |
| VZ |
Report |
Total postpaid phone net adds |
BEAT |
pred ~+55K vs. cons ~+35K |
MEDIUM |
| VZ |
Report |
Consumer postpaid phone churn (lower=better) |
BEAT |
pred ~0.85% vs. cons ~0.88% |
MEDIUM |
| VZ |
Guide |
FY26 adjusted EPS growth |
UNCHANGED |
guide reaffirm 5-6% growth (~$4.97) vs. cons ~$4.97 (FY26); Q2 momentum keeps a raise live |
MEDIUM |
| VZ |
Guide |
FY26 total/service revenue growth |
UNCHANGED |
guide reaffirm 2-3% (~$93B) vs. cons ~$93B (FY26) |
MEDIUM |
| VZ |
Guide |
FY26 free cash flow |
UNCHANGED |
guide reaffirm $21.5B+ vs. cons ~$21.5B (FY26) |
MEDIUM |
| VZ |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.0% |
— |
MEDIUM |
| VZ |
Return |
5-day cumulative residual |
+1.2% (FADE) |
A solid EPS/EBITDA beat plus durable positive phone adds and churn holding near/below 0.85% should trigger a relief pop day-1, amplified by defensive/yield rotation within telecom after TMUS cratered ~11% on 7/23 and with VZ already de-rated from June highs (~$48 to ~$44). But guidance is most likely reaffirmed rather than raised, so out-period consensus does not ratchet meaningfully higher; combined with a sharpened AT&T, fragile sector sentiment, and a well-owned consensus long, follow-through is limited and part of the day-1 move fades over the week. The ~6.5% dividend yield floors the give-back, so it fades rather than fully reverses. |
MEDIUM |