---
title: "VZ Earnings: Verizon Stock Gains on $1B Google Deal, Share Buyback despite Mixed Q2"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293770996.md"
description: "Verizon (VZ) shares rose 3% despite mixed Q2 2026 earnings, driven by a $1 billion dark fiber deal with Google and an expanded $4.5 billion share buyback plan. While adjusted EPS beat estimates at $1.30, revenue fell 0.7% to $34.3 billion, missing analyst forecasts."
datetime: "2026-07-24T14:26:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293770996.md)
  - [en](https://longbridge.com/en/news/293770996.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293770996.md)
generator: "portal-rs"
---

# VZ Earnings: Verizon Stock Gains on $1B Google Deal, Share Buyback despite Mixed Q2

Shares in Verizon (VZ) rose about 3% on Friday morning even though the telco giant reported mixed second-quarter 2026 earnings. Investors appear excited about the company's $1 billion dark fiber agreement with Alphabet's (GOOGL) Google and plans to expand its share buyback to $4.5 billion by the end of the year.

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## **Verizon Reports Uneven Q2 Performance**

During the quarter that ended on June 30, Verizon's adjusted earnings per share increased by about 7% from a year earlier to $1.30. This beat the Wall Street consensus of $1.28.

However, the telco company's revenue came in at $34.3 billion. This marked a 0.7% drop from the year-ago quarter and fell short of analysts' estimate of $35.11 billion.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**