Verizon stock jumps 5% pre-market after massive Q2 earnings beat — here’s why Wall Street is cheering

Verizon stock jumped 5% in pre-market trading after the telecom giant delivered a major earnings surprise. Verizon Communications (VZ) reported strong Q2 2025 results with $34.5 billion in revenue and an EPS of $1.22, beating Wall Street estimates. Investors cheered the upgraded free cash flow forecast of up to $20.5 billion and solid broadband growth, especially from fixed wireless access. While it lost some postpaid subscribers, Verizon gained prepaid users and expanded its broadband base. With improved guidance and strong performance, Verizon stock is back in focus. This earnings beat signals momentum and growing investor confidence heading into the next quarter.