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AT&T Surpasses Q4 Earnings Expectations

TheMotleyFool

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AT&T Surpasses Q4 Earnings ExpectationsPhoto, wide shot, wide-angle lens, soft focus, Pharmaceutical company, sunset photo at golden hour, photo by Peter Lik: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-TIgKJfhK8q44RPNTTsL9npu7.png?st=2023-05-08T05%3A58%3A04Z&se=2023-05-08T07%3A58%3A04Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-08T02%3A36%3A56Z&ske=2023-05-09T02%3A36%3A56Z&sks=b&skv=2021-08-06&sig=BDDjRcmCPf%2BH//HSxRGZYByMqOKev8lx0/Dhvka/lXk%3D

Telecommunications giant AT (NYSE:T) reported fourth-quarter and full-year 2024 earnings on Monday, Jan. 27, that topped analyst consensus estimates. Adjusted earnings per share (EPS) of $0.54 exceeded analysts' projections of $0.50 while revenue rose slightly to $32.3 billion, surpassing the consensus estimate of $32.02 billion.

Overall, the quarter demonstrated resilience, primarily bolstered by strong performance in the Mobility segment and ongoing fiber network expansion, despite hurdles in the Business Wireline segment.

Source: AT Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

Source Fool.com