Verizon’s upcoming quarterly report will be judged on steady profit growth and whether recent earnings patterns hold

Verizon Communications (NYSE: VZ) is scheduled to release its second-quarter earnings in July, a milestone investors will use to gauge whether the company can keep delivering modest bottom-line growth. Barchart reports that the earnings announcement is expected on Friday, July 24, before the market opens, setting up another quarterly readout for the carrier’s consumer and business operations.

Wall Street’s consensus, according to Barchart, calls for earnings per share (EPS) of $1.27 on a diluted basis. That would represent a 4.1% increase versus the year-ago quarter’s $1.22. The same preview says Verizon has exceeded Wall Street’s EPS estimates in each of the prior four quarters, a track record that can shape expectations ahead of the report.

Barchart also highlights Verizon’s longer-term earnings outlook and how that frames the near-term debate. For fiscal 2026, analysts project EPS of $4.98, up 5.7% from $4.71 in fiscal 2025. Looking further, projected fiscal 2027 EPS is about $5.25, roughly 5.4% higher year over year. In practice, these forecasts matter because they can influence how investors interpret the report, particularly if management results deviate from the broader trend.

Before the second-quarter print, the market’s attention will likely turn to what happened in the company’s first quarter. Barchart notes that Verizon reported Q1 revenue of $34.4 billion, which it says missed analysts’ forecasts. In contrast, Barchart reports that Verizon’s adjusted EPS came in at $1.28, which successfully beat Wall Street’s estimate. Adjusted EPS is the company’s earnings measure after certain items are excluded to make results more comparable period to period, and it is closely watched because it often drives investor reaction.

Analyst positioning is another component of the setup. Barchart says Verizon’s stock has a “Moderate Buy” rating overall, based on 30 analysts covering the name. In that breakdown, nine analysts rate it “Strong Buy,” two rate it “Moderate Buy,” and 19 suggest “Hold.” The preview also cites an average analyst price target of $51.86, which it describes as implying upside of 23.5% from the then-current share price level used in its calculation.

Contextually, Verizon operates across two main lines of business, the Verizon Consumer Group and the Verizon Business Group, according to the same Barchart overview. The company provides communications and technology products and services for consumers, businesses, and government customers. Verizon’s stock, as a result, tends to be evaluated on how well it manages the mix between subscription demand, network investment, and cost discipline across both segments.

Still, not everything that could matter for the quarter is spelled out in the preview. The Barchart article does not detail specific revenue drivers, customer metrics, or management guidance topics that may be central to the print, beyond the general EPS and revenue framing. It also does not disclose the exact consensus range for EPS beyond the point estimate, nor does it provide a breakdown of which components of earnings analysts expect to move.

For investors and watchers, the key question on July 24 will be whether Verizon’s next quarter confirms the pattern implied by recent results, namely that profits can stay on or above expectations even when revenue is more mixed. The reaction is likely to hinge on how adjusted EPS compares with the $1.27 forecast, and whether the company’s commentary supports the outlook implied by the fiscal-year projections cited in the preview.