Verizon Raises 2026 Profit Forecast as It Expects More Mobile Subscribers

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Verizon Raises 2026 Profit Forecast as It Expects More Mobile Subscribers
Photo: Charles Krupa/AP/TT

Revenue rose 1.5 percent to $34.3 billion, slightly below analysts' forecasts.

Adjusted earnings per share rose to $1.31, according to the third-quarter report.

The company is also raising its forecast for 2026. Verizon expects 1.1-1.2 million new mobile subscriptions, compared with its previous forecast of 750,000-1 million. The forecast for adjusted earnings per share has been raised to $5.04-5.06, up from $4.99-5.04.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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