AT&T Inc reports results for the quarter ended December 31 - Earnings Summary

• AT&T Inc T.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of twenty analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 45 cents to 56 cents per share.

• Revenue rose 0.9% to $32.30 billion from a year ago; analysts expected $32.04 billion.

• AT&T Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $4.03 billion.

• AT&T Inc shares had fallen by 0.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for AT&T Inc is $27.00

This summary was machine generated from LSEG data January 27 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)