Recap: AT&T Q4 Earnings

Shares of AT&T T decreased 0.5% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 15.73% year over year to $0.75, which beat the estimate of $0.73.

Revenue of $45,691,000,000 declined by 2.41% year over year, which beat the estimate of $44,550,000,000.

Guidance

The upcoming fiscal year's revenue expected to be between $173,478,000,000 and $173,478,000,000.

How To Listen To The Conference Call

Date: Jan 27, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/qaca8p26

Recent Stock Performance

Company's 52-week high was at $38.82

52-week low: $26.08

Price action over last quarter: Up 4.57%

Company Profile

Wireless communication remains AT&T's largest business, contributing nearly 40% of revenue. As the second- largest U.S. wireless carrier, AT&T connects more than 100 million devices, including 63 million postpaid and 16 million prepaid phone customers. The consumer and entertainment segment (about 25% of revenue) includes the consumer fixed-line and DirecTV satellite television businesses, serving 20 million television and 14 million Internet access customers. WarnerMedia now contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios. Fixed-line business communications (14%), Latin American satellite television (2%), and Mexican wireless services (1%) constitute the remainder of the firm.