Verizon Q2 Revenue Surpasses Expectations, Raises FY Forecast

Verizon has posted a significant revenue beat for Q2, with shares rising nearly 5% in premarket trading. The company has also raised its full-year profit forecast. The telecom giant's strong performance is expected to continue, with analysts predicting further growth in the coming quarters. Verizon's success is attributed to its diversified business model and continued demand for its services.

Verizon Communications (VZ) has reported a robust second-quarter performance, posting a significant revenue beat and raising its full-year profit forecast. The company's shares rose nearly 5% in premarket trading following the announcement. Verizon's strong performance is attributed to its diversified business model and continued demand for its services.

The U.S. telecom giant reported revenue of $34.5 billion, exceeding estimates of $33.74 billion, according to data compiled by LSEG. Its quarterly adjusted earnings per share of $1.22 also beat estimates. The company's wireless service revenue climbed 2.2% to $20.9 billion, outpacing estimates of $21.8 billion [2].

Verizon's success is partly driven by the demand for its premium plans and benefits from the Trump administration's new tax law. The company expects 2025 adjusted profit to grow between 1% and 3%, up from 0% to 3% previously. The tax law is expected to boost free cash flow by $1.5 billion to $2 billion this year, prompting Verizon to raise its forecast for the metric to between $19.5 billion and $20.5 billion [4].

Despite a surprise drop of 9,000 monthly bill-paying wireless subscribers in the second quarter, Verizon added 278,000 fixed wireless broadband customers, beating estimates of 296,000. The company's focus on fiber-optic assets and broadband-wireless bundles has helped drive growth. Verizon's acquisition of Frontier Communications for $20 billion is also expected to contribute to its growth strategy [1].

Analysts remain optimistic about Verizon's prospects, predicting further growth in the coming quarters. The company's diversified business model and continued demand for its services position it well for future success.

References:

[1] https://www.cnbc.com/2025/07/21/verizon-vz-q2-earnings.html
[2] https://www.investors.com/news/technology/verizon-stock-verizon-earnings-q22025/
[3] https://seekingalpha.com/news/4469186-verizon-posts-big-revenue-beat-for-q2-ups-fy-forecast-shares-rise
[4] https://www.reuters.com/business/media-telecom/verizon-boosts-annual-forecast-demand-premium-plans-tax-law-benefit-2025-07-21/