AT&T Inc. (NYSE:T) telecommunications provider, is expected to report second quarter earnings results, before market open, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.79 per share.
Looking ahead, the full year income are expected at $ 3.19 per share on the revenues of $ 170820.00 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 183,005.00 million ~ $ 184,817.00 million, where as bottomline are predicted in a range of $ 3.60 ~ $ 3.70 per share
Click Here For More Historical Outlooks Of AT&T Inc.
Previous Quarter Performance
AT&T Inc. recorded income for the first quarter of $ 0.89 per share, from the revenue of $ 42,779.00 million. The quarterly earnings escalated 3.49 percent while revenues fell 4.57 percent compared with the same quarter last year.
According to street consensus, T was expected to report 1Q20 income of $ 0.85 per share from revenue of $ 44211.00 million. The bottom line results beat street analysts by $ 0.04 or 4.71 percent, at the same time, top line results fell short of analysts by $ 1 million or 3.24 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of T was $ 30.16, representing a 15.64 % increase from the 52 week low of $ 26.08 and a 24.03 % decrease over the 52 week high of $ 39.70.
The company has a market capital of $ 214.89 billion and is part of the Communication Services sector and Telecom Services industry.
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Recent Analyst recommendations
On 15th July 2020, maintained by Oppenheimer at Outperform rating, with $ 38.00 target price.
On 1st July 2020, maintained by Morgan Stanley at Overweight rating, with $ 36.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.52 per share on June 26, 2020. The dividend were payable on August 3, 2020 to holders of record as of the close of business on July 10, 2020 and ex-dividend date on July 9, 2020.
Conference Call
AT&T Inc. will be hosting a conference call at 8:30 AM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.att.com
AT&T Inc. provides telecommunication, media, and technology services worldwide. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr.
