Countdown to AT&T (T) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts forecast AT&T (T) will report quarterly earnings of $0.47 per share, reflecting a year-over-year decline of 13%, with revenues expected to reach $32.73 billion, an increase of 1.3% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has not changed in the past 30 days, indicating that analysts have not revised their initial projections [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 predict 'Revenues- Communications- Business Wireline' will reach $4.22 billion, a year-over-year decline of 7.1% [5]. - 'Revenues- Communications- Consumer Wireline' is expected to be $3.65 billion, showing a year-over-year increase of 5.4% [5]. - The consensus estimate for 'Revenues- Corporate and Other' is -$34.76 million, indicating a significant decline of 130.2% from the prior-year quarter [5]. - 'Revenues- Communications- Mobility' is projected to be $23.75 billion, reflecting a year-over-year increase of 2.7% [6]. Key Metrics - 'Consumer Wireline - Broadband Connections - Fiber Broadband Connections' is expected to reach 10.41 million, up from 9.33 million in the same quarter last year [6]. - 'Consumer Wireline - Fiber Broadband Net Additions' is estimated at 284.24 thousand, down from 307.00 thousand year-over-year [7]. - 'Consumer Wireline - Broadband Connections - Non Fiber Broadband Connections' is projected at 4.24 million, compared to 4.66 million last year [7]. - 'Consumer Wireline - Broadband Net Additions' is expected to be 151.01 thousand, up from 123.00 thousand year-over-year [8]. - 'Mobility Subscribers - Postpaid phone' is forecasted at 74.24 million, an increase from 72.75 million year-over-year [8]. - 'Mobility Net Additions - Postpaid Phone' is expected to be 439.25 thousand, down from 482.00 thousand in the same quarter last year [9]. - 'Consumer Wireline - Broadband Connections - Broadband' is projected to reach 14.65 million, compared to 13.99 million last year [9]. - 'Mobility - Total Mobility Net Additions' is estimated at 1.02 million, down from 1.81 million in the same quarter last year [10]. Stock Performance - AT&T shares have declined by 4.4% over the past month, contrasting with a 0.6% increase in the Zacks S&P 500 composite, indicating expected underperformance in the near future [11].