The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter.
Analysts expect the Dallas, Texas-based company to report quarterly earnings at 50 cents per share, down from 54 cents per share in the year-ago period. AT&T projects quarterly revenue of $32.04 billion, compared to $32.02 billion a year earlier, according to data from Benzinga Pro.
Shares of AT&T (NYSE: T) gained nearly 4% on Monday, which was even more impressive given the widespread stock market disruption caused by concerns about Chinese advances in artificial intelligence. AT&T stock was climbing even higher on Tuesday, Jan. 28, and was trading for around $24.40 in the afternoon.
AT&T recently reported its financial results for 2024. The mobile and broadband company produced very solid growth. Mobility services revenues rose 3.5% (compared to its guidance in the 3% range), while broadband revenues rose 7.2% (achieving its 7%-plus forecast).
AT&T's fourth-quarter results exceeded Wall Street's estimates as growth on the top- and bottom-line were boosted in part by an increase in acquired customers. The telecom company on Monday said it logged net income of $4.08 billion, or 56 cents a share, compared to $2.19 billion, or 30 cents a share, a year earlier.
AT&T Inc. posted fourth-quarter results that beat Wall Street projections, including better-than expected increases in mobile-phone customers and
AT&T posted better-than-expected earnings on Monday, as the number of customers who signed up for its plans over the final quarter of 2024 topped Wall Street estimates. The benchmark was down 1.6% ...
A tech-sector freakout isn't fazing traders in AT&T, which led the S&P 500 index mid-Monday after it reported steady fourth-quarter growth. Shares in the telecom company surged 6% after the company's high-speed broadband unit added 307,
TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including AT&T and Diamondback Energy
AT&T (NYSE: T) stock is seeing big gains in Monday's trading despite a bearish backdrop for the broader market. The company's share price was up 7% as of 3:15 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 1.
We recently published a list of 12 Most Promising Growth Stocks According to Wall Street Analysts. In this article, we are going to take a look at where AST SpaceMobile, Inc. (NASDAQ:ASTS) stands against other most promising growth stocks according to Wall Street analysts.
ET, the Dow Jones Industrial Average fell 0.10 per cent, the S&P 500 lost 1.76 per cent, the Nasdaq Composite declined 2.95 per cent