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Kritika Sarmah

AT&T Earnings Preview: What to Expect

Dallas, Texas-based AT&T Inc. (T) is a leading global communications service carrier and the second-largest wireless service provider in North America. It offers various communication and business solutions, including wireless, broadband, video, and cloud-based services. Its market cap currently stands at $134.8 billion. T is scheduled to release its fiscal 2024 Q2 earnings results before the market opens on Wednesday, Jul. 24.

Ahead of the event, analysts expect AT&T to report a profit of $0.58 per share, down 7.9% from $0.63 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters and missed on one occasion.

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