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AT&T Third-Quarter Results Show Continued 5G and Fiber Subscriber Momentum
Prnewswire· 2024-10-23 10:33
More customers choose AT&T as their converged provider for world-class connectivity DALLAS, Oct. 23, 2024 /PRNewswire/ -- AT&T Inc. (NYSE: T) reported third-quarter results that delivered consistent growth in Mobility service and broadband revenues as it attracts high-quality, converged customers in both 5G and fiber. Following its continued performance, the Company reiterates all full-year 2024 consolidated financial guidance. Third-Quarter Consolidated Results AT&T 3Q24 EARNINGS & HIGHLIGHTSAT&T 3Q24 EARN ...
Verizon Vs. AT&T: Wireless Giants Brace For Q3 Earnings Face-Off
Benzinga· 2024-10-21 17:45
As Verizon Communications Inc VZ and AT&T Inc T prepare to release their third quarter earnings, the stage is set for a head-to-head clash between the two telecom giants. Verizon reports Tuesday with analysts expecting $1.18 EPS and $33.43 billion in revenue, while AT&T follows up on Wednesday with consensus estimates of 57 cents EPS and $30.44 billion in revenue. Both companies have seen significant year-to-date stock recoveries, but who's leading the charge as they head into their respective earnings call ...
AT&T (T) Stock Before Q3 Earnings Release: To Buy or Not to Buy?
ZACKS· 2024-10-21 13:10
AT&T Inc. (T) is scheduled to report third-quarter 2024 earnings before the opening bell on Oct. 23. The Zacks Consensus Estimate for revenues and earnings is pegged at $30.55 billion and 59 cents per share, respectively. Earnings estimates for AT&T for 2024 have remained steady at $2.22 per share over the past 30 days, while the same for 2025 has jumped to $2.35 from $2.34 per share. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. T Estimate Trend | --- | --- | --- | --- | --- | |-- ...
AT&T Employees Vote to Ratify the Southeast and West Agreements
Prnewswire· 2024-10-18 23:25
DALLAS, Oct. 18, 2024 /PRNewswire/ -- Our highly skilled, unionized workforce strongly positions us to grow 5G and fiber. Key Takeaways: AT&T ratifies agreements with the Communications Workers of America (CWA) in the Southeast and West, covering about 23,000 employees. AT&T is proud to be the largest employer of union-represented employees in the U.S. telecommunications industry. AT&T's labor agreements support the company's commitment to employees' total wellbeing by providing wages and benefits that are ...
AT&T: Income Appeal Is No Longer Attractive
Seeking Alpha· 2024-10-18 20:13
AT&T (NYSE: T ) is offering a lower dividend yield than its closest peer Verizon and its valuation is not cheap right now, thus AT&T’s income appeal is much lower than it was in the recent past.Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.Analyst’ ...
Unlocking Q3 Potential of AT&T (T): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-10-18 14:20
Wall Street analysts forecast that AT&T (T) will report quarterly earnings of $0.59 per share in its upcoming release, pointing to a year-over-year decline of 7.8%. It is anticipated that revenues will amount to $30.55 billion, exhibiting an increase of 0.7% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefra ...
AT&T: Moment Of Truth
Seeking Alpha· 2024-10-17 14:53
AT&T (NYSE: T ) is due to report financial results for its third fiscal quarter on October 23, 2024, for which the market does not have very high earnings expectations. I, however, believe the telecom is nearing a pivotal point in the sense thatAnalyst’s Disclosure: I/we have a beneficial long position in the shares of T, VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from See ...
Why AT&T May Have Just Become an Even Better Dividend Stock to Own
The Motley Fool· 2024-10-17 13:30
Could a dividend increase be coming for AT&T shareholders?If your priority is to receive a stable and recurring dividend, a good idea is to focus on businesses that aren't trying to do too much. When a company tries to grow its business while also paying a dividend, it can be difficult to juggle both.Good examples of that are Intel and Walgreens Boots Alliance. Intel is trying to build a chip foundry business, which has proven to be a significant challenge, ultimately resulting in the tech company suspendin ...
Earnings Preview: AT&T (T) Q3 Earnings Expected to Decline
ZACKS· 2024-10-16 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when AT&T (T) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 23. On the o ...
Investors Heavily Search AT&T Inc. (T): Here is What You Need to Know
ZACKS· 2024-10-15 14:05
AT&T (T) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this telecommunications company have returned -4.5% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Wireless National industry, to which AT&T belongs, has gained 1.3% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rum ...