Key TakeawaysAT&T added 419,000 new monthly postpaid customers, more than analysts projected.The company missed expectations slightly on earnings and revenue.The FCC on Monday released a report faulting AT&T for a network outage in February. AT&T (T) shares rose Wednesday after the company reported second quarter results buoyed by more new subscribers than analysts expected. The telecommunications titan reported 419,000 new postpaid subscribers, well above the 251,800 expected by analysts, according to Visi ...

FangXiaNuo We became aggressive buyers of AT&T Inc. (NYSE:T) sub $15 and moved to a house position recently when the stock eclipsed our $19 price objective on the trade. We plan to hold those shares for an investing lifetime, collecting future dividends, spinoffs, gains, etc. With the bountiful yield, letting that profit run is a real wealth-building tool. Earlier this month, we outlined our expectations for Q2 earnings. In this column, with AT&T having just reported this morning, we review the performance ...

Shares of AT&T Inc (NYSE:T) are up 3.9% at $18.93 at last glance, earlier as high as $19.08, after the telecommunication name's second-quarter earnings report. The company reiterated its full-year forecast and posted mixed results, with earnings beating estimates while revenue came in below expectations. Giving the stock a boost, however, is a reported additional 419,000 wireless phone subscribers with monthly bills, as its higher-priced plan attracted customers. Today's pop is bringing AT&T stock closer to ...

AT&T (T) reported $29.8 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.4%. EPS of $0.57 for the same period compares to $0.63 a year ago. The reported revenue represents a surprise of -1.17% over the Zacks Consensus Estimate of $30.15 billion. With the consensus EPS estimate being $0.58, the EPS surprise was -1.72%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...

AT&T Inc. (T) reported modest second-quarter 2024 results, as solid wireless traction and customer additions were partially offset by lower demand for legacy voice and data services. The company recorded strong subscriber growth backed by a resilient business model and robust cash flow position, driven by a diligent execution of operational plans. AT&T expects to continue investing in key areas of 5G and fiber and adjust its business according to the evolving market scenario to fuel long-term growth.Net Inc ...

AT&T Inc. Financial Data Consolidated Statements of Income Dollars in millions except per share amounts | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------|-------|----------------|--------|-----------|------------------|--------|---------| | Unaudited | | Second Quarter | | Percent | Six-Month Period | | Percent | | | | 2024 | 2023 | Change | 2024 | 2023 | Change | | Operating Revenues | | | | | | | | | Service | $ | 25,006 $ | 24,850 | 0.6 % $ | 49,848 ...

Connectivity investments continue to attract and retain high-value subscribers who choose both wireless and fiber serviceDALLAS, July 24, 2024 /PRNewswire/ -- AT&T Inc. (NYSE: T) reported second-quarter results that delivered durable and profitable 5G and fiber customer growth with increasing Mobility service and broadband revenues. Following consistent first-half performance, the Company reiterates all full-year 2024 financial guidance.Second-Quarter Consolidated Results Revenues of $29.8 billion Dilut ...

AT&T Inc. T will be reporting its second-quarter earnings on Wednesday. Wall Street expects 57 cents in EPS and $30 billion in revenues as the company reports before market hours. The stock is up 24.08% over the past year, 7.5% year-to-date. Let's look at what the charts indicate for AT&T stock, and how the stock currently maps against Wall Street estimates. AT&T Stock Exhibiting Bearish Trend With Buying Pressure Ahead Of Q2 Earnings AT&T is currently exhibiting a moderately bearish trend, though there are ...

AT&T Inc. (T) is scheduled to report second-quarter 2024 earnings on Jul 24. The Zacks Consensus Estimate for revenues and earnings is pegged at $30.15 billion and 58 cents per share, respectively.Earnings estimates for AT&T have declined from $2.24 per share to $2.23 for 2024 and from $2.34 per share to $2.32 for 2025 over the past 30 days.T Estimate TrendImage Source: Zacks Investment ResearchEarnings Surprise HistoryThe communications service provider delivered a four-quarter earnings surprise of 2.1%, o ...

wdstock Those who follow my work closely know that one of the companies I own shares of is telecommunications conglomerate AT&T (NYSE:T). Even though it's only the 6th largest of my 8 holdings in my concentrated portfolio, it still accounts for 10.2% of those assets. So clearly, I have a lot at stake in how the performance of the company goes. Of course, given how exposed I am to the business, I make sure to re-evaluate my position based on new data that comes in. It just so happens that management is a ...