From 24/7 Wall St. · David Moadel · · 1m
Verizon Revenue Miss Slashes Stock
Verizon stock drops 4% as revenue falls short despite strong subscriber gains.
In brief
Verizon stock drops 4% as revenue falls short despite strong subscriber gains. Verizon's stock fell 4% after reporting a revenue shortfall in Q3 2026, overshadowing subscriber growth and raised outlook. Originally reported by 24/7 Wall St..
Verizon Reports Q3 Results
Verizon posted its strongest subscriber quarter in years and raised its outlook for the third straight time.
Revenue Shortfall Eclipses Gains
Verizon stock fell 4% as revenue fell short of consensus despite subscriber growth.
Sector Context
Communication Services ETF down 0.9% while S&P 500 ETF up 0.3%.
AT&T and T-Mobile Hold Steady
AT&T stock up 0.1% and T-Mobile shares down 0.4% amid sector weakness.
Subscriber Growth Details
Verizon added strongest postpaid phone subscribers in five years and best postpaid accounts in over a decade.
Management Raises Outlook
Verizon raised full-year outlook for adjusted earnings per share and postpaid phone net additions for third consecutive quarter.
Market Reaction to Revenue Miss
Verizon stock dropped 4% as revenue shortfall overshadowed subscriber gains and raised outlook.
What it means
Verizon's stock fell 4% after reporting a revenue shortfall in Q3 2026, overshadowing subscriber growth and raised outlook.
