AT&T Inc. (NYSE:T) will announce its earnings results after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.74 per share for the quarter.
AT&T (NYSE:T) last released its quarterly earnings results on Tuesday, April 25th. The technology company reported $0.74 earnings per share for the quarter, meeting the consensus estimate of $0.74. The business had revenue of $39.40 billion during the quarter, compared to analysts’ expectations of $40.50 billion. AT&T had a return on equity of 14.22% and a net margin of 7.77%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 EPS. On average, analysts expect AT&T to post $2.89 EPS for the current fiscal year and $2.95 EPS for the next fiscal year.
AT&T Inc. (NYSE:T) opened at 36.39 on Tuesday. The firm’s 50-day moving average price is $38.41 and its 200 day moving average price is $40.54. The stock has a market cap of $223.73 billion, a PE ratio of 17.79 and a beta of 0.47. AT&T Inc. has a 12-month low of $36.10 and a 12-month high of $43.50.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Monday, July 10th will be issued a $0.49 dividend. The ex-dividend date of this dividend is Thursday, July 6th. This represents a $1.96 dividend on an annualized basis and a yield of 5.39%. AT&T’s payout ratio is 96.08%.
A number of equities analysts recently weighed in on the company. Barclays PLC reduced their price target on AT&T from $41.00 to $39.00 and set an “equal weight” rating for the company in a report on Friday. Bank of America Corporation lowered AT&T from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $46.00 to $39.00 in a research note on Thursday, July 13th. Zacks Investment Research lowered AT&T from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Vetr upgraded AT&T from a “buy” rating to a “strong-buy” rating and set a $41.56 price objective for the company in a research note on Monday, July 10th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $42.00 price objective on shares of AT&T in a research note on Sunday, July 9th. One research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $43.66.
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AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.
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