AT&T (NYSE:T) Issues Earnings Results

AT&T (NYSE:T) released its quarterly earnings results on Wednesday. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.05, FiscalAI reports. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm had revenue of $32.32 billion during the quarter, compared to analyst estimates of $31.69 billion. During the same quarter last year, the business earned $0.54 EPS. The company’s revenue was up 5.2% compared to the same quarter last year.

AT&T Stock Up 0.9%

Shares of NYSE T opened at $23.41 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. The firm has a market cap of $160.44 billion, a PE ratio of 7.75, a P/E/G ratio of 1.13 and a beta of 0.25. The company’s fifty day simple moving average is $24.94 and its 200 day simple moving average is $24.33. AT&T has a 12-month low of $19.89 and a 12-month high of $29.43.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 annualized dividend and a yield of 4.7%. AT&T’s dividend payout ratio is currently 36.75%.

Key Headlines Impacting AT&T

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T reported third-quarter adjusted earnings of $0.65 per share, above the $0.60–$0.61 analyst consensus, while revenue rose 5.2%–5.3% year over year to $32.3 billion, essentially matching or exceeding estimates. AT&T Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Growth remained strong in the core connectivity business: AT&T added 769,000 advanced-connectivity internet customers, including 442,000 fiber and 327,000 fixed-wireless additions, plus 379,000 postpaid phone subscribers. Advanced Connectivity service revenue increased 6.1%, and operating income grew 18.9%. AT&T Delivers Strong Third-Quarter Results
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook and lowered its long-term capital-investment outlook, suggesting improved earnings visibility and potentially stronger free-cash-flow generation. AT&T also returned approximately $4.8 billion to shareholders, including $2.8 billion in buybacks. AT&T Raises Annual Profit Forecast

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on T. KeyCorp reaffirmed an “overweight” rating and issued a $36.00 price objective on shares of AT&T in a research note on Wednesday, October 7th. Scotiabank lowered their target price on shares of AT&T from $27.50 to $26.50 and set a “sector perform” rating for the company in a research note on Friday, October 9th. Argus lowered their target price on shares of AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. TD Cowen boosted their target price on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Barclays decreased their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus price target of $29.05.

AT&T Company Profile

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.