AT&T Surpasses Q4 Earnings Expectations

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.

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Source Fool.com