AT&T (T) Tops Q1 EPS by 2c, Misses on Revenue

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AT&T (T) PT Raised to $18 at RBC Capital

April 25, 2024 6:38 AM EDT

RBC Capital analyst Jon Atkin raised the price target on AT&T (NYSE: T) to $18.00 (from $17.00) while maintaining a Sector Perform rating.

The analyst comments "1Q revenue was just shy of consensus (on a shortfall in wireless equipment revenues), while EBITDA... More

AT&T (T) beats earnings estimates in Q1 but revenue falls short, shares climb

April 24, 2024 6:51 AM EDT

AT&T (NYSE: T) reported first-quarter earnings that beat analyst expectations, though revenue fell short.

The stock was trading 1.5% higher in premarket trading.

For the fiscal Q1 2024, AT&T posted earnings per share (EPS) of $0.55, above the consensus estimate of $0.53. However, the company's revenue for the quarter was $30 billion,... More