A Preview Of AT&T's Earnings
Portfolio Pulse from Benzinga Insights
AT&T (NYSE:T) is scheduled to release its quarterly earnings report on January 24, 2024. Analysts predict an EPS of $0.56. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows AT&T's stock price can be influenced by both earnings outcomes and forward guidance. Last quarter, AT&T exceeded the EPS estimate by $0.05, leading to a 0.79% rise in stock price the following day.
January 23, 2024 | 2:01 pm
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AT&T is expected to report an EPS of $0.56 for the upcoming quarter. Investors will focus on the earnings beat and future guidance, which historically have impacted the stock price.
The short-term impact on AT&T's stock price will likely hinge on whether the company beats the EPS estimate and provides strong future guidance. Historical data shows that the stock price has been sensitive to both earnings outcomes and forward-looking statements. However, given the mixed historical price changes, the short-term impact is uncertain, hence a neutral score is assigned.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100