Is T a Buy, Before Earnings?
Pre-Earnings

Is T a Buy, Before Earnings?

At&t Inc (T) is scheduled to report 3rd quarter earnings on 10/19/2023, before the market opens.

Regarding Q3 estimates, Wall Street analysts expect At&t Inc to post earnings of $0.62 per share. Revenue expectations are pegged at $30.2 billion. Last quarter, At&t Inc beat earnings estimates, reporting EPS of $0.63 on estimates of $0.60. The stock rose by 0.62% the day after the last earnings release.

Year-to-date, T stock has fallen by -16.46%.

Is At&t Inc Stock a Buy?

Wall Street’s consensus rating for T stock is a Moderate Buy, with an average analyst price target of $20.11, implying upside potential of 39.56% from current levels.

T shares have lost about -24.48% in the past six months.

About At&t Inc

AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following segments: Communications, WarnerMedia, Latin America and Xandr. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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