What Analyst Projections for Key Metrics Reveal About AT&T (T) Q1 Earnings

Core Viewpoint - Analysts forecast AT&T will report quarterly earnings of $0.52 per share, reflecting a year-over-year decline of 5.5%, with revenues expected to reach $30.44 billion, an increase of 1.4% compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 1.2%, indicating a reassessment of initial projections by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenues- Communications- Business Wireline' to be $4.47 billion, a decrease of 9.1% year-over-year [5]. - 'Revenues- Communications- Consumer Wireline' is expected to reach $3.46 billion, indicating a 3.3% increase from the prior year [5]. - 'Revenues- Communications- Mobility' is forecasted at $21.41 billion, suggesting a 3.9% year-over-year increase [5]. - The consensus estimate for 'Revenues- Total Communications' stands at $29.33 billion, reflecting a 1.7% increase from the previous year [6]. Key Metrics - 'Consumer Wireline - Fiber Broadband Connections' is estimated at 9.59 million, up from 8.56 million in the same quarter last year [6]. - 'Consumer Wireline - Fiber Broadband Net Additions' is projected to be 260.36 thousand, compared to 252 thousand in the same quarter last year [7]. - 'Mobility Subscribers - Postpaid phone' is expected to reach 73.02 million, an increase from 71.56 million year-over-year [8]. - 'Total Mobility Net Additions' is estimated at 665.7 thousand, down from 741 thousand in the previous year [9]. - 'Total Mobility Subscribers' is projected at 118.01 million, compared to 114.51 million in the same quarter last year [9]. Stock Performance - Over the past month, AT&T shares have recorded a return of +0.7%, contrasting with the Zacks S&P 500 composite's -6.3% change, indicating a performance that aligns with the overall market [11].