AT&T expected to report profit, stock outperformed, strategic investments leading to success
AT&T Inc. (T) is a Dallas-based telecom giant valued at $207.8 billion, offering a range of telecommunications and technology services worldwide. Analysts expect T to report a profit of $0.51 per share for its fiscal second quarter, with full-year EPS expected to decline in 2025 but rise in 2026.
T stock has outperformed the S&P 500 Index and Communication Services Select Sector SPDR ETF over the past year, with shares up 50.4%. AT&T’s success is attributed to strategic investments in fiber optic and 5G networks, leading to gains in postpaid phone net adds and new fiber customers.
After reporting Q1 results, T shares closed up slightly, with adjusted EPS falling short of expectations but revenue beating forecasts. Analysts hold a moderately bullish consensus on T stock, with a majority recommending a “Strong Buy” or “Moderate Buy” rating, and an average price target of $29.29.
AT&T’s future success is further bolstered by its acquisition of Lumen’s fiber business and partnership with Ericsson, enhancing its market reach and capabilities. The company’s focus on bundling fiber internet with 5G wireless and edge computing services positions it for continued growth and a competitive edge in the market.
Read more at Yahoo Finance: Here’s What to Expect From AT&T’s Next Earnings Report