AT&T (NYSE:T) Posts Earnings Results, Beats Estimates By $0.06 EPS

AT&T (NYSE:T) released its earnings results on Wednesday. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06, FiscalAI reports. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. AT&T updated its FY 2026 guidance to 2.250-2.350 EPS.

AT&T Stock Up 1.5%

T opened at $22.27 on Wednesday. The company has a market capitalization of $154.76 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24. The firm has a 50-day simple moving average of $22.86 and a two-hundred day simple moving average of $25.26. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. AT&T has a 52 week low of $19.89 and a 52 week high of $29.79.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s dividend payout ratio is 37.25%.

Wall Street Analysts Forecast Growth

T has been the topic of several analyst reports. Wells Fargo & Company initiated coverage on shares of AT&T in a report on Wednesday, July 8th. They set an “underweight” rating and a $18.00 price target on the stock. Barclays reduced their price objective on shares of 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. BNP Paribas Exane lowered their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 target price on shares of AT&T in a report on Monday, July 13th. Finally, Morgan Stanley dropped their target price on shares of AT&T from $30.00 to $25.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $29.14.

Key AT&T News

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

• Positive Sentiment: AT&T beat profit expectations, posting $0.65–$0.66 EPS versus roughly $0.59–$0.62 expected, which reassured investors that earnings momentum is improving. Article Title
• Positive Sentiment: The company topped expectations on wireless subscriber additions, helped by low-cost unlimited plans and bundled mobile-broadband offers, suggesting its convergence strategy is gaining traction. Article Title
• Positive Sentiment: AT&T said it delivered a record quarter for combined fiber and fixed wireless net adds and its strongest consumer postpaid wireless account growth in more than three years, supporting revenue and customer growth. Article Title
• Positive Sentiment: The company reiterated full-year 2026 and longer-term guidance and said share repurchases are accelerating, which can help bolster investor confidence in cash generation and capital returns. Article Title
• Neutral Sentiment: Revenue came in slightly below estimates at $31.56 billion versus about $31.8 billion expected, so the top-line miss may limit upside even after the earnings beat. Article Title
• Neutral Sentiment: Some earlier commentary highlighted investor concern about Starlink/SpaceX competition, but the earnings report appears to have eased some of those fears for now. Article Title

Institutional Investors Weigh In On AT&T

Several large investors have recently made changes to their positions in the company. Empire Financial Management Company LLC raised its holdings in shares of AT&T by 1.0% in the 4th quarter. Empire Financial Management Company LLC now owns 40,996 shares of the technology company’s stock valued at $1,018,000 after buying an additional 400 shares during the period. American Trust grew its position in AT&T by 4.2% in the 4th quarter. American Trust now owns 10,828 shares of the technology company’s stock valued at $269,000 after acquiring an additional 433 shares in the last quarter. Magnolia Capital Advisors LLC increased its stake in AT&T by 1.8% during the fourth quarter. Magnolia Capital Advisors LLC now owns 25,600 shares of the technology company’s stock worth $636,000 after purchasing an additional 443 shares during the period. Financial Engines Advisors L.L.C. lifted its position in shares of AT&T by 1.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 29,979 shares of the technology company’s stock worth $745,000 after purchasing an additional 497 shares in the last quarter. Finally, Rowlandmiller & PARTNERS.ADV boosted its stake in shares of AT&T by 3.6% in the fourth quarter. Rowlandmiller & PARTNERS.ADV now owns 14,268 shares of the technology company’s stock valued at $354,000 after purchasing an additional 500 shares during the period. 57.10% of the stock is owned by institutional investors.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.