The company topped consensus revenue estimates two times over this period. Over the last four quarters, AT&T surpassed consensus EPS estimates three times. EPS of $0.65 for the same period compares with $0.89 a year ago.Ĭompared to the Zacks Consensus Estimate of $29.32 billion, the reported revenues represent a surprise of +1.11%. Last Reported Results and Surprise HistoryĪT&T reported revenues of $29.64 billion in the last reported quarter, representing a year-over-year change of -32.7%. For the current and next fiscal years, $126.41 billion and $122.43 billion estimates indicate -25.1% and -3.2% changes, respectively. So, it's important to know a company's potential revenue growth.įor AT&T, the consensus sales estimate for the current quarter of $29.82 billion indicates a year-over-year change of -25.3%. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.ġ2-month consensus EPS estimate for T _12MonthEPSChartUrl Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. Now the key question is: Where could the stock be headed in the near term?Īlthough media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. The Zacks Wireless National industry, to which AT&T belongs, has lost 7.5% over this period. Shares of this telecommunications company have returned -9.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. AT&T (T) is one of the stocks most watched by visitors lately.
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