Analysts expect AT&T to report an earnings per share (EPS) of $0.57.
The announcement from AT&T is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
In the previous earnings release, the company missed EPS by $0.00, leading to a 0.16% increase in the share price the following trading session.
Here's a look at AT&T's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.57
0.50
0.56
0.59
EPS Actual
0.57
0.55
0.54
0.64
Price Change %
0.0%
-1.0%
3.0%
1.0%
Tracking AT&T's Stock Performance
Shares of AT&T were trading at $21.66 as of October 21. Over the last 52-week period, shares are up 39.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Insights Shared by Analysts on AT&T
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on AT&T.
The consensus rating for AT&T is Outperform, derived from 11 analyst ratings. An average one-year price target of $22.82 implies a potential 5.36% upside.
Comparing Ratings Among Industry Peers
In this comparison, ...
