Verizon Communications (VZ) is set to announce its third-quarter earnings for fiscal year 2025 this Wednesday. Ahead of this release, VZ shares experienced a notable increase following a partnership with Tillman Global, aimed at enhancing its fiber network. Investors remain focused on Verizon’s performance, especially after rival companies AT&T (T) and T-Mobile US (TMUS) shared their earnings reports last week.
Wall Street Expectations for Verizon
Analysts predict limited movement in Verizon’s earnings per share (EPS) for Q3 2025. The consensus forecast remains at $1.19, unchanged from the previous year. Revenue growth is anticipated to be modest, with projections indicating a rise of approximately 3%. This would result in total revenue of about $34.26 billion, compared to $33.33 billion reported in Q3 2024.
Comparative Analysis of Rivals
T-Mobile, one of Verizon’s main competitors, reported impressive results for the same quarter. The company recorded a 9% revenue increase, reaching $21.96 billion, and surpassed projections by $500 million. T-Mobile’s EPS also slightly beat expectations, coming in at $2.41. They experienced substantial growth across their postpaid, broadband, and fiber services.
Conversely, AT&T fell short of revenue expectations by $160 million, despite a year-over-year increase of 1.6%, totaling $30.71 billion. The company’s EPS decreased by 10%, aligning with analyst estimates at 54 cents. This decline is attributed to growth in broadband and mobility being counteracted by a drop in business wireline revenue. Moreover, AT&T’s average revenue per user (ARPU) suffered as they attracted new customers from less profitable markets and offered discounts for bundled services.
Market Sentiment on Verizon Stock
Currently, Verizon has a Moderate Buy consensus rating among analysts, according to data from TipRanks. This rating derives from a combination of five buy ratings and nine hold ratings from 14 analysts over the last three months. The average price target for Verizon stock is set at $47.79, indicating a potential upside of 22% from current levels.
- Q3 2025 EPS Projection: $1.19
- Expected Revenue Growth: 3%
- T-Mobile Revenue Increase: 9% to $21.96 billion
- AT&T Revenue Increase: 1.6% to $30.71 billion
- Average Verizon Price Target: $47.79
As Verizon prepares to unveil its results, all eyes will be on whether it can meet or exceed Wall Street’s projections amidst a competitive landscape.
