Verizon Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/27 14:31- Verizon’s October 26, 2026, third-quarter earnings call featured CEO Daniel Schulman, CFO Anthony Skiadas and analysts.
- Management raised full-year adjusted EPS growth guidance to 7%-7.5%; free cash flow growth is now expected to approach 12%.
- Postpaid phone net additions reached 406,000; the full-year forecast increased to 1.1 million-1.2 million.
- AI Connect signed contracts totaled approximately $4 billion, including a dark fiber agreement with Amazon Web Services valued above $2 billion.
- Schulman expects AI Connect revenue contributions in 2027, with attractive margins and modest, contract-linked capital spending.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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