AT&T Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
AT&T Inc. (NYSE:T) is anticipated to report lower Q4 earnings at 56 cents per share compared to 61 cents per year ago, with a slight increase in revenue to $31.48 billion from $31.34 billion. The stock closed up 2.3% at $17.19. Analysts have recently adjusted their price targets, with the most accurate analysts giving mixed reviews ranging from upgrades to maintaining and cutting price targets.
January 24, 2024 | 6:49 am
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AT&T is expected to report lower Q4 earnings but with a slight revenue increase. Analysts have mixed opinions, with recent price target changes reflecting a range of expectations.
The expected decrease in earnings per share could be a negative signal to investors, but the slight increase in revenue might offset concerns. The mixed analyst ratings and price target changes suggest uncertainty, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100