Earnings Outlook For AT&T

AT&T T unveils its next round of earnings Wednesday. Get prepared with Benzinga's ultimate preview for AT&T's Q4 earnings.

Earnings and Revenue

AT&T EPS is expected to be around 65 cents per share, according to sell-side analysts. Sales will likely be near $41.1 billion.

In the same quarter last year, AT&T reported earnings per share of 66 cents per share on sales of $41.8 billion. If the company were to match the current consensus estimate when it reports Wednesday, revenue would be down 1.60 percent from the year-ago period.

AT&T's reported EPS has stacked up against analyst estimates in the past like this:

Q4 EPS Estimate: 65 cents per share
Q4 Revenues Estimate: $41 billion

Stock Performance

Shares of AT&T are trading around $37.26. Over the last 52-week period, shares of AT&T have declined 11.31 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on AT&T stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

AT&T's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.