Verizon Communications Inc. · VZ · Next earnings

Verizon Communications Inc. reports Friday, Jan 29, 2027

VZ reports before market open with consensus EPS at $1.15 and revenue at $37.07B. Last quarter: Verizon posts strong Q3 as AI Connect contracts expand

Reports Before market open85 days awayDate estimated Communication Services

What the street expects

Consensus for the coming report
Consensus EPS $1.15 Calendar consensus
Consensus revenue $37.07B Calendar consensus
Report date Jan 29, 2027 Friday, date estimated
Session Before market open 85 days away

Where VZ left off: FY2026 Q3

Full report

Verizon posts strong Q3 as AI Connect contracts expand

EPS surprise +3.1% Reported $1.31 vs $1.27
Revenue surprise -1.3% Reported $34.31B vs $34.77B
Stock move -3.5% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised full-year EPS and free-cash-flow guidance; the supplied analysis says free-cash-flow growth guidance was raised to approximately 12%.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Competitive pressure from wireless and broadband rivals, including LEO satellite providers.
  • Capital requirements for fiber, fixed-wireless, and spectrum investments.
  • Execution and margin uncertainty as AI Connect scales.
  • Future spectrum auction outcomes and regulatory approvals.

Questions analysts left open

  • Pricing power and the potential for targeted price increases.
  • AI Connect deal terms, contract lengths, and expected margins.
  • Competition from LEO satellite providers such as Starlink.

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Recent VZ quarters

All VZ earnings
-3.5%FY2026 Q3+5.8%FY2026 Q2+1.6%FY2026 Q1+11.8%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.