The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.

Verizon ( VZ 1.14%) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session.

Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service. That is up from 449,000 a year earlier and beat analyst estimates for 488,300 additions.

Verizon Communications on Friday reported its best quarterly wireless subscriber growth in five years, fueled by robust demand for its customizable myPlan, Black Friday deals and trade-in offers for the AI-powered iPhone 16 series.

Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.

Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

In its upcoming report, Verizon Communications (VZ) is predicted by Wall Street analysts to post quarterly earnings of $1.09 per share, reflecting an increase of 0.9% compared to the same period ...

Wall Street's main indexes are anticipated to open lower, stirred by economic uncertainties and Boeing's forecasted Q4 loss. Verizon, however, shows quarterly gains. Investors are wary of President Trump's potential tariffs and their impact on global trade and inflation.

Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost revenue -- as more customers than expected signed up for wireless phone service.

The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.

Dividend stocks provide investors with reliable streams of passive income. Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence.