AT&T expected to report decline in adjusted earnings with flat revenue, but received $850M

From StockTwits: 2025-01-26 23:12:12

AT&T is expected to report a decline in adjusted earnings per share for the fourth quarter, with revenue estimated to be flat compared to last year. Analysts will be closely watching the company’s wireless service revenue growth and customer additions. Following a structured sale-leaseback, AT&T received over $850 million in upfront cash proceeds. Argus recently upgraded AT&T stock to ‘Buy’ from ‘Hold’ with a $27 price target, citing strong potential for growth and shareholder returns. The company anticipates wireless service revenue growth of 3% and broadband revenue growth of 7% for the quarter. AT&T shares closed up 0.84% on Friday, with a solid gain of 38.5% in 2024. Sentiment on Stocktwits has turned ‘bearish’ towards AT&T stock.



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