AT&T Co., Ltd. (T.) exceeded the revenue of that 1st Quarter ending March 31, 2023. Earnings per share came to $0.60 versus his $0.59 forecast.
Reported revenue of $30.14 billion represents a decrease of -3.84% compared to the previous quarter and a decrease of -20.91% compared to the same period last year.
for twond For the quarter, analysts are projecting earnings of $0.61 per share.
Earnings announcements often affect stock prices.see the history of Revenue-related price fluctuations For T stock.
At&t Inc, what’s next for Post-Earnings?
According to TipRanks, the average analyst consensus for T shares is a moderate buy. This consensus is based on his 11 analyst assessments over the past three months. At&t Inc. average price target $22.13 means there is a 25.38% upside potential from the current level.
see us earnings calendar For a complete list of this week’s earnings releases.
Conclusion
Earnings growth may indicate a positive move in the stock price. T price is currently at $17.65, showing a -11.44% drop in 5 days.
About At&t Inc.
AT&T, Inc. is a holding company engaged in the provision of telecommunications media and technology services. It operates through the Communications, WarnerMedia, Latin America and Zandl segments. The Communications segment serves businesses and consumers in the United States or its territories, as well as businesses around the world. The WarnerMedia segment develops, produces and distributes feature films, television, games and other content in various physical and digital formats. The Latin America segment provides entertainment and wireless services outside the United States. The Zander segment provides advertising services. The company was founded in his 1983 and is headquartered in Dallas, Texas.
Learn more about T Financials here