(Il Sole 24 Ore Radiocor) - Milano, 27 apr - The US telecommunications group Verizon said that in the first quarter of 2026 it posted diluted earnings per share of 1.20 dollars, up 4.3% year over year.

Adjusted EPS grew 7.6% to 1.28 dollars, the best quarterly growth rate since 2021.

Total operating revenue was 34.4 billion dollars, up 2.9% year on year.

Free cash flow was 3.8 billion dollars compared to 3.6 billion the in first quarter of 2025.

The company's net unsecured debt at the end of first-quarter 2026 was 130.1 billion dollars compared to 110.1 billion at the end of the fourth-quarter 2025.

Verizon raised its guidance for 2026 and now expects adjusted EPS of 4.95-4.99 dollars, up 5.0-6.0% year on year.

It added that total retail postpaid phone net additions are now expected to be in the top half of the 750,000 to 1.0 million range in the full year.

The company continues to expect total mobility and broadband service revenue to grow 2.0-3.0%, equating to approximately 93 billion dollars.

Verizon anticipates full year cash flow from operations of 37.5-38.0 billion dollars, capital expenditures of 16.0-16.5 billion and free cash flow of 21.5 billion dollars or more,.

marking the highest free cash flow generated since 2020.

(RADIOCOR) 27-04-26 14:02:25 (0330) 5 NNNN