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StockNews.com
StockNews.com
Business
Anushka Mukherjee

AT&T (T): Pre-Earnings Analysis for Investor Decision-Making

ATT Inc Ericsson

AT&T Inc. (T) is all set to disclose its fiscal fourth quarter results (ended December 2023) on Wednesday, January 24, 2024. Wall Street expects T’s revenue for the fourth quarter to increase marginally year-over-year to $31.46 billion, while its EPS for the same quarter is projected to come in at $0.56, reflecting an 8.6% year-over-year drop.

Despite surpassing its EPS and revenue estimates for the third quarter, the company experienced a significant decline in profits, while its revenue showed a modest year-over-year increase dampened by lower revenues from its wireline business.

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