Shares of Verizon Communications Inc (NYSE:VZ) are trading marginally higher Monday afternoon as investors look ahead to the company’s third-quarter earnings report, due before the market opens on Wednesday. Here’s what investors need to know.
- VZ is underperforming relative to peers. Find out why here.
What To Know: Analysts expect Verizon to post earnings per share of $1.19 on revenue of $34.23 billion. The results will be closely watched, especially after competitor T-Mobile reported record customer additions, intensifying the focus on Verizon’s subscriber growth to assess its competitive position.
The upcoming report is the first under new CEO Dan Schulman, the former PayPal chief who took the helm on Oct. 6. Beyond the quarterly numbers, Verizon is pursuing long-term growth through a new fiber expansion deal with Eaton Fiber and the pending acquisition of fixed wireless provider Starry.
The company recently reaffirmed its full-year 2025 guidance, signaling confidence in its strategy to expand its broadband and mobility footprint.
Benzinga Edge Rankings: Based on Benzinga Edge stock rankings, Verizon’s weakest metric is its Momentum, scoring a low 20.49.
VZ Price Action: Verizon shares are up 0.94% at $39.19 at the time of publication on Monday, according to Benzinga Pro data.
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How To Buy VZ Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Verizon’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
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