Here's Why AT&T (T) Fell More Than Broader Market

Company Performance - AT&T closed at $27.46, reflecting a -1.47% change from the previous day, underperforming the S&P 500 which lost 0.54% [1] - Over the past month, AT&T shares have increased by 15.79%, while the Computer and Technology sector has decreased by 0.82% [1] Upcoming Financial Results - AT&T is set to announce its earnings on April 22, 2026, with projected earnings per share (EPS) of $0.55, indicating a 7.84% increase year-over-year [2] - Revenue is anticipated to be $31.13 billion, reflecting a 1.65% increase from the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $2.29 per share and revenue at $128.04 billion, showing increases of +8.02% and +1.9% respectively from the previous year [3] Analyst Estimates and Stock Performance - Recent adjustments to analyst estimates for AT&T are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3][4] - The Zacks Consensus EPS estimate has increased by 2.82% over the last 30 days, and AT&T currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - AT&T's Forward P/E ratio is 12.18, which is lower than the industry average of 14.39, indicating a valuation discount [6] - The company has a PEG ratio of 1.04, compared to the industry average PEG ratio of 1.74 [6] Industry Context - The Wireless National industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 89, placing it in the top 37% of over 250 industries [7] - Strong industry rankings correlate with better stock performance, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]